Palantir’s current stock price behavior mirrors early 2023 rally phases, suggesting traders anticipate another earnings beat. Volume trends and options market skew hint that the next move could be decisive for medium-term positioning. But perhaps a more important achievement during the quarter than accelerating revenue growth was its substantial profit. Palantir posted GAAP operating margin of 27%, $569 million in adjusted free cash flow, and ended the quarter with $6 billion in cash and no debt. Sign up for free newsletters and get more CNBC delivered to your inbox Palantir’s stock price advanced following CEO commentary on expanding European defense contracts. This expansion aligns with geopolitical trends driving investment in analytics platforms for national security.
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