
On November 2, software company Palantir released its quarterly earnings report. Revenue reached $2.3 billion, a 96% year-over-year increase. Net profit amounted to $1.1 billion, a substantial 137% year-over-year increase, with a net profit margin of 48%. Palantir is a component of the S&P 500, Nasdaq 100, and the information technology ETF VGT.