Palantir’s Earnings Push: Why the Stock is Climbing Hosted by Laycee KluinAugust 12, 2024 ShareLink copied to clipboard. Play video for Palantir’s Earnings Push: Why the Stock is ClimbingDetailsGuestsIn this MarketBeat update, analysts Chris Markoch and Thomas Hughes dive into what’s fueling the recent surge in Palantir’s stock price. Palantir's latest earnings report showed impressive growth, with revenue up 27% year-over-year, boosted by both government contracts and a strong 55% growth in the commercial sector. The company also posted another profitable quarter and raised guidance for the upcoming quarter and the rest of the year. Join us as we explore whether Palantir's strong performance justifies its nearly $30 stock price and what this could mean for investors.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E Ratio Add This Stock to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatTrump Allies Confirm Exec Order 14024 Triggers Dollar CollapseExecutive Order 14024 is paving the way for irreversible damage to the dollar's value—threatening your wealth,...Priority Gold | Sponsored7 Stocks Changing the World—and Making Investors Wealthy Technology is evolving faster than ever. 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Hosted by Laycee KluinAugust 12, 2024 ShareLink copied to clipboard. Play video for Palantir’s Earnings Push: Why the Stock is ClimbingDetailsGuestsIn this MarketBeat update, analysts Chris Markoch and Thomas Hughes dive into what’s fueling the recent surge in Palantir’s stock price. Palantir's latest earnings report showed impressive growth, with revenue up 27% year-over-year, boosted by both government contracts and a strong 55% growth in the commercial sector. The company also posted another profitable quarter and raised guidance for the upcoming quarter and the rest of the year. Join us as we explore whether Palantir's strong performance justifies its nearly $30 stock price and what this could mean for investors.Stocks Mentioned in This EpisodeCompanyMarketRank™Current PriceDividend YieldP/E Ratio Add This Stock to My Watchlist Chris Markoch, GuestMarketBeat Contributor, MarketBeatChris Markoch is a freelance financial copywriter with over five years of experience covering various aspects of the financial markets. You may find his writing a little different than other stock articles you’ve read. And that’s OK with him. Chris doesn’t have a traditional finance background. What he does bring to the table is a strong business and marketing background having worked for agencies that serviced Fortune 500 companies. With that in mind, he isn’t overly impressed with what companies say, and more focused on what they do. And because buyer behavior dictates so much of what happens with a stock, Chris always keeps the end consumer close in mind. Chris has been writing for MarketBeat since 2018.Thomas Hughes, GuestMarketBeat Contributor, MarketBeatThomas got his start with the markets while working as a Chef. In 2005 a chance invitation to attend the seminar “How To Buy And Sell Your Own Stocks” altered his worldview. Soon trading and stocks consumed his every waking moment to the point of excluding all else. Thomas now enjoys a much different lifestyle engaged in his true passion, uncovering great investments.Laycee Kluin, HostDigital Marketing Strategist, MarketBeatAs MarketBeat's Digital Marketing Strategist, Laycee helps with the marketing side of tasks including developing email campaigns, running the promotion of the MarketBeat products and exploring social media opportunities. She felt called to the Marketing industry because she enjoys collaborating with people and making connections. The University of Sioux Falls alum majored in Media Studies with minors in Communications and Spanish. Laycee brings a background in Financial Services Marketing.Previous VideoAll VideosNext Video Subscribe on YouTube Don't Miss a Video Subscribe to watch the latest stock market videos from MarketBeat. We empower investors to make better trading decisions by providing real-time financial data and objective market analysis. Subscribe on YouTube More From MarketBeatTrump Allies Confirm Exec Order 14024 Triggers Dollar CollapseExecutive Order 14024 is paving the way for irreversible damage to the dollar's value—threatening your wealth,...Priority Gold | Sponsored7 Stocks Changing the World—and Making Investors Wealthy Technology is evolving faster than ever. Disruptive technology that was seen as groundbreaking just a decade...MarketBeat“Amazon Coin” set to outperform BitcoinChris Rowe – the man who recommended Amazon in 1998… Bitcoin and Ethereum in 2017… And has spotted 44 diffe...True Market Insiders | Sponsored7 Long-Term Stocks to Own Regardless of the Election OutcomeBy the time you read this, the outcome of the 2024 presidential election may (hopefully) be decided. And there...MarketBeatWhy Elon Musk Is Investigating Fort KnoxWith gold prices recently soaring to record highs over $3,000 an ounce, and central banks rushing to accumulat...The Oxford Club | Sponsored7 Natural Gas Stocks to Own Before WinterBefore you can invest in natural gas stocks, it's important to understand how this industry is similar and dif...MarketBeat
