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PLTR May 2024 24.500 put
| Previous close | 2.6200 |
| Open | 2.2400 |
| Bid | 1.7000 |
| Ask | 1.8500 |
| Strike | 24.50 |
| Expiry date | 2024-05-24 |
| Day's range | 1.6500 - 2.2400 |
| Contract range | N/A |
| Volume | |
| Open interest | 30 |
- Yahoo Finance Video
Palantir raises full-year guidance on AI boost
Palantir (PLTR) reported first quarter adjusted earnings per share of $0.08, which was in line with expectations. Revenue of $634 million was slightly better than the estimate of $615.8 million. For the second quarter, Palantir sees revenue of $649 million to $653 million, which topped the $641.2 million estimate and adjusted operating profit of $209 million to $213 million, versus the $198.6 million estimate. The company also raised its full-year revenue and adjusted operating profit guidance. Yahoo Finance's Julie Hyman and Josh Lipton break down the company's quarterly results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
- Yahoo Finance Video
AI in focus ahead of Palantir's Q1 results after the bell
Palantir Technologies (PLTR) shares have shot up Monday morning ahead of its first-quarter earnings results due out after today's market close. Analysts will be paying extra close attention to the software developer's performance in its AI platform (AIP) segment. Catalysts Co-Hosts Seana Smith and Madison Mills weigh in on how big of a growth driver artificial intelligence stands to be for Palantir. For more expert insight and the latest market action, click here to watch this full episode of Catalysts. This post was written by Luke Carberry Mogan.
- Reuters
Palantir raises 2024 forecast on robust AI demand
Data analytics firm Palantir Technologies raised its annual revenue and profit forecast and beat first-quarter sales estimates on Monday, riding on strong demand for its services that help businesses deploy artificial intelligence applications. The company has emerged as a winner of the generative AI boom thanks to its artificial intelligence platform, which is used to test and debug code and help evaluate AI-related scenarios, among other uses. "AIP is driving a huge part of both our new customers and growth within existing customers and its having a huge impact on our business," chief revenue officer Ryan Taylor told Reuters.
