Major Wall Street indices closed over 1% higher on Monday ahead of the release of the consumer price index report on Tuesday. The Nasdaq Composite closed 1.48% higher while the S&P 500 ended the session up 1.14%.
Palantir Technologies Inc (NYSE: PLTR) shares soared in Monday's after-hours session as the data software company's surprise leap into profitability outshined its poor guidance.
Palantir Technologies, Inc (NYSE: PLTR) was trading about 2% higher on Monday as the company heads into its fourth-quarter earnings print after the close.
Palantir Technologies Inc (NYSE: PLTR) is set to report fourth-quarter earnings results after the bell. The stock is up approximately 18% since the start of the year, but it's still down more than 40% since February 2022.
Palantir Technologies Inc (NYSE: PLTR) shares are trading higher by 8.11% to $8.86 going into the close of Thursday's session. Shares of companies in the broader software sector are trading higher following strong earnings from Meta, which has driven a rotation into tech and growth names.
Palantir Technologies Inc (NYSE: PLTR) CEO Alex Karp addressed tech workers who can’t stomach the company’s deals with military and government agencies at the World Economic Forum in Davos.