๐ป Palantir Revenue Almost Doubled โ Stock Surges 20% on 'Otherworldly' Q2
Palantir reported Q2 2026 revenue of $1.9 billion, up 93% year-over-year, with U.S. commercial revenue spiking 149% to $764 million. The company raised its full-year 2026 guidance to ~$8.15 billion and called AI software demand a structural shift, not a cycle. The stock jumped 20% for its best single day in over a year. Has Palantir finally cemented its identity as an AI company rather than a defense contractor?