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PLTR May 2024 23.500 put
| Previous close | 2.0400 |
| Open | 1.6100 |
| Bid | 1.3300 |
| Ask | 1.3800 |
| Strike | 23.50 |
| Expiry date | 2024-05-31 |
| Day's range | 1.2900 - 1.7800 |
| Contract range | N/A |
| Volume | |
| Open interest | 112 |
- 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.
Barrons.comThese Stocks Are Moving the Most Today: Berkshire Hathaway, Micron, Palantir, Robinhood, Tesla, Tyson Foods, Perficient, Apple, and More
First-quarter operating profit at Warren Buffett’s Berkshire Hathaway jumps 39%, Micron stock is upgraded, and Palantir rises ahead of its earnings report after the closing bell Monday.
