Palantir Stock Surges After Exceeding Q2 Expectations

One of the year's real stock rockets on the New York stock exchange – Palantir – rises on Tuesday after having exceeded the market's expectations in its report for the second quarter on Monday evening. Wall Street in general opens on light green.

» Published: August 05 2025 at 15:41

Palantir Stock Surges After Exceeding Q2 Expectations
Photo: Yuki Iwamura/AP/TT

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The turnover for Palantir landed on 1 billion dollars exactly, which meant an increase of 48 percent compared to last year's second quarter. The AI software company rises by about 7.9 percent after about ten minutes of trading in New York.

The telehealth company Hims & Hers Health, in turn, reported worse quarterly figures than expected and falls by about 12 percent.

Both the broad S&P 500 index, the Dow Jones industrial index, and the technology-heavy Nasdaq composite index point upwards by about 0.1 percent.

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By TTEnglish edition by Sweden Herald, adapted for local and international readers
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