Get the app →
BriefTea logoBriefTea

Every story in sixty words

Business · 4 August 2026

Palantir shares jump 15% after second quarter revenue climbs

Palantir shares jump 15% after second quarter revenue climbs

Data platform maker Palantir saw its revenue climb 93% to $1.94 billion in the second quarter. Strong domestic demand helped US commercial sales soar 149% alongside a 90% rise in government revenue. The firm also lifted its full year guidance as contract values reached $3.37 billion.

Reported by blockonomi.com · How we write briefs

More briefs

BusinessIceland supermarket boss tells the Chancellor to cut business taxes for employers BusinessNorwich trains face disruption in September and October for rail works BusinessEngland's free bus pass age will rise to 67 by April 2028 BusinessBritish tourist visits to Japan up 40.8% since 2019 TechnologyGoogle paying £260m to settle UK Play Store developer lawsuit BusinessSnack makers warn new UK rules could undo years of reformulation work More business stories → Browse all stories →