$Palantir Technologies Inc.(PL

Palantir isn't just at the mercy of winning government contracts anymore. Its platform is making inroads into the private sector. Revenue for its U.S. commercial sector business rose a hearty 33% in its latest quarter, even if that accounts just 20% of its current operations. Palantir's also winning on the bottom line. Red ink was a red flag here, but Palantir has now been profitable in each of the past four quarters.

It's not just the stock chart that's winning for Palantir this year. It keeps winning new deals. Palantir also hasn't had a problem keeping, if not expanding, its existing partnerships. It was tapped to continue running the Army Vantage operations and platform for the U.S. Army earlier this month. Two days earlier, it renewed its partnership with UniCredit to accelerate the bank's digital push while also increasing revenue and improve its risk profile.

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