Palantir Technologies Inc.’s stock PLTR rocketed 19% in premarket trade Tuesday after the software company surprised investors with its second-ever quarterly GAAP profit since coming public.Palantir Technologies Inc.’s stock PLTR rocketed 19% in premarket trade Tuesday after the software company surprised investors with its second-ever quarterly GAAP profit since coming public.
Shares of Harmonic Inc. HLIT jumped more than 10% in the extended session Monday after the maker of fiber-optic and other telecommunications systems topped Wall Street expectations for its quarterly earnings, thanks to “strong demand” for its products. Premier Inc. PINC shares rose 7% in after-hours trading after announcing that the board is considering strategic alternatives, including a potential sale.Shares of Lucid Group Inc. LCID shed 9% in the premarket fter the electric-vehicle startup reported steeper quarterly losses and tweaked its guidance for the year.
Skyworks Solutions Inc. SWKS shares fell 10% after the analog and mixed-signal chip maker’s outlook fell short of Wall Street expectations.
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Stocks making the biggest moves after hours: Lucid, Palantir, PayPal and moreThese are the stocks posting the largest moves in extended trading.
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Palantir stock roars higher after a second straight earnings surprisePalantir Technologies Inc. delivered a surprise profit for the second quarter in a row Monday, while also topping revenue expectations.
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Palantir soars 25% on earnings beat and prediction of full-year profitabilityPalantir CEO Alex Karp said the company expects to remain profitable 'each quarter through the end of the year.'
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Palantir stock roars more than 20% higher after second straight earnings surprisePalantir executives called out benefits related to the growing interest in the development of AI, with CFO David Glazer citing “this massive potential for the AI opportunities sitting in front of us.”
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Big Tech has made earnings look better, but here come Disney and PayPalMuch of the first-quarter earnings blizzard has passed, and the results, overall, haven't been as bad as expected, thanks to Apple, Amazon and Microsoft.
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