Palantir Hits $1B: It'll Get Harder To Impress From Here

Palantir Technologies Inc. delivered a blowout quarter, surpassing $1B in revenue months ahead of schedule, and America's defense spend (and commercial spend) is to thank. We don't think Palantir is going anywhere; it's safe to say they've carved a sticky place for themselves at the intersection of AI, data analytics, and defense. U.S. revenue, about 73% of total sales, is on a bullet train, but the international side of the business is what we think will drive the stock that extra mile.