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24H | Palantir Shares Continue to Rise 3% After Hitting New Highs in Prior Session

$Palantir Technologies Inc.(PLTR)$ stock continued to rise 3.3% in overnight trading. Palantir Technologies Inc. shares jumped over 8% and hit new all-time highs on Wednesday, continuing to surge on t

24H | Palantir Shares Continue to Rise 3% After Hitting New Highs in Prior Session

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Palantir Technologies Inc. shares jumped over 8% and hit new all-time highs on Wednesday, continuing to surge on t","content":"<html><head></head><body><p><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a> stock continued to rise 3.3% in overnight trading. Palantir Technologies Inc. shares jumped over 8% and hit new all-time highs on Wednesday, continuing to surge on the back of strong earnings to start the week.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8f80988e660831baaf787badd544b0e8\" tg-width=\"766\" tg-height=\"631\"/></p><p>Palantir stock has been on a tear this week, gaining 27% over the past five sessions. The stock jumped about 12% late Monday after the company reported better-than-expected financial results for the third quarter.</p><p>Palantir reported earnings per share of six cents, beating analyst estimates of four cents. The company reported sales of $725.52 million, beating analyst estimates of $701.13 million and representing a 30% year-over-year climb. Strong sales results were driven by continued strength in the U.S.</p><p>Customer count grew 39% year-over-year and 6% on a quarter-over-quarter basis. The company said it closed 104 deals worth over $1 million during the quarter.</p><p>“We absolutely eviscerated this quarter, driven by unrelenting AI demand that won’t slow down,” CEO <strong>Alex Karp</strong> said in the earnings release.</p><p>Palantir shares continued to move higher on Tuesday amid several positive analysts updates in response to earnings. Northland Capital Markets analyst Michael Latimore maintained a Market Perform rating on Palantir and raised the price target from $35 to $38. Mizuho raised its price target from $30 to $37 and DA Davidson lifted its target from $28 to $47.</p><p>Wedbush analyst Dan Ives maintained an Outperform rating on the stock and raised his price target from $45 to $57, citing “robust” quarterly results featuring “beats across the board” and a continued acceleration of deal momentum related to the company’s AI platform.</p><p>Palantir shares jumped at the open again on Wednesday, hitting new all-time highs as broader markets soared after <strong>Donald Trump</strong> won the 2024 U.S. presidential election. Markets may be reacting to potential shifts in policy that could come with a second Trump presidency, including tax cuts and changes to trade tariffs.</p></body></html>","collect":0,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>24H | Palantir Shares Continue to Rise 3% After Hitting New Highs in Prior Session</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\n24H | Palantir Shares Continue to Rise 3% After Hitting New Highs in Prior Session\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1079075236\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/8274c5b9d4c2852bfb1c4d6ce16c68ba);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Tiger Newspress </p>\n<p class=\"h-time\">2024-11-07 11:08</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p><a href=\"https://laohu8.com/S/PLTR\">Palantir Technologies Inc.</a> stock continued to rise 3.3% in overnight trading. Palantir Technologies Inc. shares jumped over 8% and hit new all-time highs on Wednesday, continuing to surge on the back of strong earnings to start the week.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/8f80988e660831baaf787badd544b0e8\" tg-width=\"766\" tg-height=\"631\"/></p><p>Palantir stock has been on a tear this week, gaining 27% over the past five sessions. The stock jumped about 12% late Monday after the company reported better-than-expected financial results for the third quarter.</p><p>Palantir reported earnings per share of six cents, beating analyst estimates of four cents. The company reported sales of $725.52 million, beating analyst estimates of $701.13 million and representing a 30% year-over-year climb. Strong sales results were driven by continued strength in the U.S.</p><p>Customer count grew 39% year-over-year and 6% on a quarter-over-quarter basis. The company said it closed 104 deals worth over $1 million during the quarter.</p><p>“We absolutely eviscerated this quarter, driven by unrelenting AI demand that won’t slow down,” CEO <strong>Alex Karp</strong> said in the earnings release.</p><p>Palantir shares continued to move higher on Tuesday amid several positive analysts updates in response to earnings. Northland Capital Markets analyst Michael Latimore maintained a Market Perform rating on Palantir and raised the price target from $35 to $38. Mizuho raised its price target from $30 to $37 and DA Davidson lifted its target from $28 to $47.</p><p>Wedbush analyst Dan Ives maintained an Outperform rating on the stock and raised his price target from $45 to $57, citing “robust” quarterly results featuring “beats across the board” and a continued acceleration of deal momentum related to the company’s AI platform.</p><p>Palantir shares jumped at the open again on Wednesday, hitting new all-time highs as broader markets soared after <strong>Donald Trump</strong> won the 2024 U.S. presidential election. Markets may be reacting to potential shifts in policy that could come with a second Trump presidency, including tax cuts and changes to trade tariffs.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","type":0,"thumbnail":"","relate_stocks":{"LU1861558580.USD":"日兴方舟颠覆性创新基金B","BK4547":"WSB热门概念","BK4585":"ETF&股票定投概念","BK4543":"AI","LU1861559042.SGD":"日兴方舟颠覆性创新基金B SGD","PLTR":"Palantir Technologies Inc.","BK4588":"碎股","BK4023":"应用软件"},"source_url":"https://www.benzinga.com/news/earnings/24/11/41782430/palantir-shares-are-hitting-new-highs-on-wednesday-whats-going-on","is_english":true,"share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","article_id":"2481391919","content_text":"Palantir Technologies Inc. stock continued to rise 3.3% in overnight trading. Palantir Technologies Inc. shares jumped over 8% and hit new all-time highs on Wednesday, continuing to surge on the back of strong earnings to start the week.Palantir stock has been on a tear this week, gaining 27% over the past five sessions. The stock jumped about 12% late Monday after the company reported better-than-expected financial results for the third quarter.Palantir reported earnings per share of six cents, beating analyst estimates of four cents. The company reported sales of $725.52 million, beating analyst estimates of $701.13 million and representing a 30% year-over-year climb. Strong sales results were driven by continued strength in the U.S.Customer count grew 39% year-over-year and 6% on a quarter-over-quarter basis. 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Mizuho raised its price target from $30 to $37 and DA Davidson lifted its target from $28 to $47.Wedbush analyst Dan Ives maintained an Outperform rating on the stock and raised his price target from $45 to $57, citing “robust” quarterly results featuring “beats across the board” and a continued acceleration of deal momentum related to the company’s AI platform.Palantir shares jumped at the open again on Wednesday, hitting new all-time highs as broader markets soared after Donald Trump won the 2024 U.S. presidential election. 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