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Palantir Technologies Inc. - PLTR STOCK NEWS

Welcome to our dedicated page for Palantir Technologies news (Ticker: PLTR), a resource for investors and traders seeking the latest updates and insights on Palantir Technologies stock.

Palantir Technologies Inc. (symbol: PLTR) builds advanced software platforms that empower human experts to perform robust, collaborative data analysis at scale. Established in 2003 and headquartered in Palo Alto, CA, Palantir has made significant strides in the tech industry. Its software is utilized across public institutions, private enterprises, and non-profit sectors to address the complex task of making sense of large, diverse datasets in a responsible manner.

Palantir's key offerings include the Palantir Gotham and Palantir Foundry platforms. Gotham enables institutions to integrate, visualize, and analyze massive amounts of data for critical missions, ranging from defense and anti-fraud initiatives to disease response. Foundry, on the other hand, serves commercial clients by enhancing their data-driven decision-making processes.

The company went public in 2020 and has continuously expanded its global presence, with offices worldwide. Recent achievements include the expansion of strategic partnerships and the deployment of its technologies in various high-impact areas. Financially, Palantir has shown a strong performance, reflecting its growing influence and market penetration.

Palantir’s solutions are pivotal in revolutionizing how organizations approach data integration and analysis. By providing cutting-edge tools that enhance efficiency and accuracy, Palantir continues to support some of the world's most critical missions.

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Palantir Technologies Inc. and Gemelli Generator Real World Data (RWD) partner to implement digital medicine research solutions using AI to improve patient care and health outcomes.
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Palantir announces AIPCon customer conference on September 14, featuring over 30 organizations showcasing the use of Palantir's AI Platform (AIP). AIP already used by 100+ organizations in various sectors. AIPCon offers insights into AIP's capabilities and customer success stories.
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Palantir Technologies Inc. (NYSE: PLTR) has entered a multi-year partnership with Azule Energy, a leading Angolan energy provider, to deploy Palantir Foundry software and optimize Azule Energy's upstream production. Foundry will help manage Azule Energy's current 200,000 barrels of daily oil production and support their growth goal of 250,000 barrels per day.
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Palantir Technologies Inc. (NYSE:PLTR) announced its financial results for Q2 2023. Key highlights include GAAP net income of $28 million, revenue growth of 13% year-over-year to $533 million, and a customer count growth of 38% year-over-year. The company also raised its revenue guidance for full year 2023 to over $2.212 billion.
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Palantir and WesTrac announce multi-year enterprise expansion of their partnership to deploy Foundry across core operations.
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Palantir Technologies Inc. has been selected by the Defense Information Systems Agency (DISA) to provide its software platform for coordination between federal and commercial licensees of the 3450-3550 MHz spectrum band. This will enhance coordination between the Department of Defense and commercial spectrum licensees. Palantir's software will integrate multiple functions into a single infrastructure, reducing timelines for coordination and enabling deployment of 5G wireless services within cooperative planning area (CPA) and periodic use area (PUA) boundaries.
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J.D. Power collaborates with Palantir to develop AI and predictive analytics solutions for the automotive industry. The collaboration aims to integrate J.D. Power's automotive datasets with Palantir's Foundry and AIP platforms to create new analytics products. This collaboration will help automakers, dealers, insurers, and financing companies make more strategic decisions and gain deeper insights. The combined capabilities will also facilitate collaboration between automakers and industry regulators.
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Concordance Healthcare Solutions has launched Surgence, a healthcare supply chain ecosystem that aims to optimize the supply chain and enhance patient care. Developed in partnership with Palantir Technologies, Surgence provides unprecedented visibility into supply and demand information, allowing members to take greater control of their supply chain. It is the first of its kind in the market.
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Palantir Technologies announces partnership with SpecterOps to provide government sector with SpecterOps' BloodHound Enterprise solution through Palantir's FedStart offering
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Palantir Technologies Inc. (NYSE: PLTR) will release its second quarter results on August 7, 2023. A webcast will be hosted to discuss the results.
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FAQ

What is the current stock price of Palantir Technologies (PLTR)?

The current stock price of Palantir Technologies (PLTR) is $68.14 as of January 15, 2025.

What is the market cap of Palantir Technologies (PLTR)?

The market cap of Palantir Technologies (PLTR) is approximately 153.7B.

What is Palantir Technologies Inc. known for?

Palantir Technologies Inc. is known for building software platforms that help experts perform powerful, collaborative analysis of large datasets.

What are the main products of Palantir?

Palantir’s main products include Palantir Gotham and Palantir Foundry. Gotham serves public institutions, while Foundry is aimed at commercial clients.

When was Palantir Technologies Inc. founded?

Palantir Technologies Inc. was founded in 2003.

Where is Palantir Technologies Inc. headquartered?

Palantir Technologies Inc. is headquartered in Palo Alto, CA.

When did Palantir go public?

Palantir went public in 2020.

What sectors does Palantir serve?

Palantir serves public institutions, private enterprises, and non-profit organizations.

What is Palantir Gotham used for?

Palantir Gotham is used for integrating, visualizing, and analyzing large amounts of data, particularly for defense, anti-fraud, and disease response missions.

What is the purpose of Palantir Foundry?

Palantir Foundry is designed to enhance data-driven decision-making processes for commercial clients.

How has Palantir expanded recently?

Palantir has expanded through strategic partnerships and by deploying its technologies in various high-impact areas.

What impact do Palantir's solutions have on organizations?

Palantir's solutions help organizations efficiently and accurately integrate and analyze data, thus supporting critical missions and enhancing overall performance.
Palantir Technologies Inc.

NYSE:PLTR

PLTR Rankings

PLTR Stock Data

153.72B
2.17B
5.1%
50.89%
3.39%
Software - Infrastructure
Services-prepackaged Software
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United States of America
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