Huo Xing Cai Jing reports that on August 5, according to BIT (bit.com) market data, Palantir’s stock closed up nearly 30% on Tuesday at $162.66, with its market capitalization rising to $389.95 billion. After-hours trading currently shows a price of $160.45, down 1.42%. Palantir (PLTR)’s latest after-hours earnings report revealed a 93% year-over-year revenue increase to $1.94 billion in the second quarter, with net profit reaching $1.06 billion, alongside a significant upward revision to its full-year guidance.
Palantir closes nearly 30% higher, market cap reaches $389.95 billion
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Summary
Palantir's stock surged nearly 30% to $162.66 on Tuesday, pushing its market cap to $389.95 billion. The company reported Q2 revenue of $1.94 billion, a 93% year-over-year increase, and a net profit of $1.06 billion. Palantir also raised its full-year guidance. The crypto market continues to closely monitor cross-sector performance as traditional and digital assets evolve.
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