Palantir Technologies shares surged in premarket trading after the U.S. AI software company reported strong second-quarter results.
The stock rose nearly 16% before the opening bell on August 4, according to cryptocurrency media outlet Odaily.
Second-quarter revenue increased 93% from a year earlier to $1.94 billion. Net income totaled $1.06 billion.
The company also sharply raised its full-year guidance with the earnings release.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.