CNBC
Palantir jumps 16% on 'otherworldly' commercial revenue — here's what's driving the demand
Tuesday, August 4, 2026
Palantir Technologies reported second-quarter earnings that drove its stock up 16 percent. Co-founder and CEO Alex Karp attributed demand to customer preferences regarding artificial intelligence systems, stating "Our customers have declined to become vassal states of the language labs."
Original reporting: https://www.cnbc.com/2026/08/04/palantir-2q-earnings-ai-sovereign-tools.html