Palantir stock skyrockets 29%, narrowly missing its best day ever after 'otherworldly' results
Reported by CNBC · cnbc.com · August 4, 2026
"Our customers have declined to become vassal states of the language labs," Palantir's co-founder and CEO Alex Karp said after blowout second-quarter earnings.
What the tape says
What to watch: This report cites a concrete figure (29%) — compare it against the trailing trend before treating one data point as a turning point.
Market reaction today: $PLTR -2.25%
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