Australia Flags Child Safety Gaps at Apple, Meta, Google Over Online Sexual Extortion 
OpenAI Executive Fidji Simo to Step Down Amid Health Challenges Ahead of IPO 
OpenAI GPT-5.6 Set for Wider Release After U.S. Commerce Approval, Report Says 
SoftBank Corp Partners With Sierra to Expand AI Customer Support Across Japan 
Wolfspeed Sues Navitas Over GaN and SiC Patent Infringement 
Mastercard Explores Sale of Majority Stake in UK Payments Firm Vocalink: Report 
Kitron Q2 Revenue Beats Estimates as Defense Demand Lifts Growth 
Genesis Minerals to Acquire Vault in A$5.6 Billion Deal After Regis Withdraws 
EU to Propose New Rules Limiting Children's Access to Social Media 
Morgan Stanley Says China’s Reusable Rocket Progress Poses Long-Term Challenge to SpaceX 
SK Hynix Soars 13% in Nasdaq Debut After Record $26.5 Billion IPO 
SK Hynix’s $28B U.S. IPO Draws Strong Demand as AI Chip Boom Fuels Investor Interest 
SK Hynix Prices Record U.S. ADR Offering at $149 After $200 Billion Investor Demand 
Morgan Stanley Names Marks & Spencer Top European Retail Pick, Sees Strong Upside 
Apple Tests China's CXMT Memory Chips as DRAM Maker Gains Global Market Share 
TSMC Q2 Revenue Surges 36% as AI Chip Demand Powers Growth Ahead of Earnings 
Yaskawa Electric Shares Slide as Weak Profit Overshadows Strong AI Demand 
Palantir Technologies Inc (NASDAQ: PLTR) delivered a strong fourth-quarter earnings report, beating Wall Street expectations on both revenue and profit while issuing a significantly stronger-than-expected outlook for 2026. The results highlight accelerating demand for Palantir’s data analytics and artificial intelligence software, particularly across its U.S. commercial and government businesses. Following the announcement, Palantir shares climbed about 7% in extended trading.
For the fourth quarter, Palantir reported adjusted earnings per share of $0.25, surpassing analysts’ estimates of $0.23. Revenue came in at $1.41 billion, well above the consensus forecast of $1.32 billion, reflecting robust customer adoption of its AI-driven platforms. The company also demonstrated strong operational momentum, with total revenue rising 70% year over year and 19% sequentially.
Looking ahead, Palantir provided an optimistic outlook that exceeded market expectations. The company forecast first-quarter 2026 revenue in the range of $1.532 billion to $1.536 billion, compared with analyst estimates of around $1.33 billion. For the full year, Palantir expects revenue between $7.182 billion and $7.198 billion, significantly higher than the $6.28 billion consensus estimate. Management also projected 2026 revenue growth of approximately 61%, underscoring confidence in sustained demand.
Chief Executive Officer Alex Karp attributed the company’s performance to operating leverage driven by advances in artificial intelligence. He noted that U.S. revenue surged 93% year over year during the quarter, while U.S. commercial revenue jumped an impressive 137%. U.S. government revenue also remained strong, increasing 66% from a year earlier.
In the quarter, Palantir closed 180 deals worth at least $1 million, including 61 deals valued at $10 million or more. Despite recent volatility and a year-to-date stock decline of over 16%, Palantir shares have gained more than 75% over the past 12 months, reflecting ongoing investor interest in AI-focused software companies and Palantir’s growing role in commercial, logistics, and defense-related applications.
