Palantir shares rise 21% on strong Q2 earnings and guidance

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Palantir (PLTR.N) shares rose 21% on August 4, 2026, after the company reported Q2 revenue of $1.94 billion, a 93% year-over-year increase, and a net profit of $1.06 billion. The company also raised its full-year guidance, boosting risk-on assets. Liquidity in crypto markets saw a modest increase amid broader market optimism.

ChainThink reports that, as of August 4, according to BIT market data, Palantir (PLTR.N) continues to rise, with its gain expanding to 21%.

Palantir reported after-hours yesterday that second-quarter revenue increased 93% year-over-year to $1.94 billion, with net profit reaching $1.06 billion, and it raised its full-year guidance.

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