‘This quarter was otherworldly’: Palantir earnings surge past expectations

Palantir's quarterly revenue surged 93% to $1.94 billion, exceeding Wall Street's $1.8 billion expectations, driving a 10% jump in share prices. Despite growing opposition to its role in the Trump administration’s immigration agenda, the company’s U.S. government contracts revenue rose 90% to $809 million year-over-year.