CNBC Markets · Aug 4, 2026 20:04 UTC

Palantir stock skyrockets 29%, narrowly missing its best day ever after 'otherworldly' results

Summary

"Our customers have declined to become vassal states of the language labs," Palantir's co-founder and CEO Alex Karp said after blowout second-quarter earnings.

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Palantir stock skyrockets 29%, narrowly missing its best day ever after 'otherworldly' results

Original reporting

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