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At close · Mon, Aug 3, 2026
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Home›US Markets›Equities›Palantir shares jump after second-quarter beat and hig…

Palantir shares jump after second-quarter beat and higher guidance

U.S. commercial revenue rose nearly 150% in the quarter as Palantir boosted its revenue outlook.

Reported · Written up by our desk · Equities

CNBC reports Palantir shares climbed about 12% after the company posted a second-quarter earnings result that beat expectations.

The AI software company also said its revenue guidance improved, following the stronger performance.

A key driver was a surge in U.S. commercial revenue, which rose nearly 150% in the quarter, underscoring demand in the domestic commercial segment.

Investors reacted positively to the quarter's results and the raised outlook, lifting the stock as the earnings update landed.

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Sources

CNBC MarketsPalantir soars 12% on blowout quarter, with U.S. commercial revenue soaring nearly 150%
CNBC WorldPalantir soars 12% on blowout quarter, with U.S. commercial revenue soaring nearly 150%
CNBC EarningsPalantir soars 12% on blowout quarter, with U.S. commercial revenue soaring nearly 150%

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