Stock Market Today: Palantir Soars 7.85% After Blowing Past $1B Quarter

Palantir Technologies (NASDAQ: PLTR) rallied 7.85% on Tuesday to close at $173.27, setting a new 52-week high of $176.33 after reporting standout second-quarter results.The stock traded on volume of 129 million shares, a 65% surge above its daily average, signaling strong institutional and retail interest.The broader market lagged, with the S&P 500 falling 0.49% and the Nasdaq Composite sliding 0.65%. While most tech names declined on continued tariff and macro pressures, Palantir stood out as one of the day's top performers.The company posted its first-ever $1 billion revenue quarter, with Q2 sales rising 48% year-over-year to $1.003 billion. Net income rose to $327 million, and operating margin expanded to 27%. In response, Palantir raised its full-year revenue guidance to a range of $4.14 billion to $4.15 billion, up from $3.9 billion.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool