AI Stock Palantir Rebuts Bears With Strong 2024 Guidance

Palantir Technologies reported fourth-quarter earnings that met estimates while revenue topped Wall Street targets. PLTR stock jumped as full-year 2024 revenue guidance came in above views amid strong growth expected in the commercial market. For the quarter ended Dec. 31, Palantir earnings using generally accepted accounting principles, or GAAP, were 8 cents a share, up 100% from a year earlier.