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Palantir stock rockets on 85% revenue surge as it outpaces Nvidia AMD and Intel

Palantir stock rockets on 85% revenue surge as it outpaces Nvidia AMD and Intel

Palantir’s shares surged after the company reported an 85% revenue jump in Q1 2026, beating expectations and raising its outlook to $7.65 billion. The US business more than doubled, driving growth that now outpaces Nvidia, AMD, and Intel. With unusually strong margins for a software-focused firm, investors are scrambling to reassess how far this AI-led rally can go.

Summarised by Beize from a story on The Economic Times on 5 May 2026
Anu Sharma quits Google for Palantir and goes viral across India for her bold career move

Anu Sharma quits Google for Palantir and goes viral across India for her bold career move

Anu Sharma’s decision to leave a well-paying job at Google for Palantir Technologies has sparked a major wave of online buzz in India. The switch from Big Tech comfort to a tougher data analytics role has resonated with young professionals looking for purpose over prestige, turning her career move into an instant social media inspiration.

Summarised by Beize from a story on The Economic Times on 5 May 2026

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Palantir boosts annual revenue forecast as US government demand surges

Palantir boosts annual revenue forecast as US government demand surges

Palantir Technologies has raised its annual revenue outlook after posting results that beat quarterly expectations. The company attributes the strength to rising demand for its data analytics platforms, driven by both US government buyers and commercial customers. With guidance climbing and performance outpacing estimates, investors will be watching whether the momentum extends beyond current contracts.

Summarised by Beize from a story on The Economic Times on 5 May 2026
Germany refuses Palantir for now as its cyber chief draws a red line on data access

Germany refuses Palantir for now as its cyber chief draws a red line on data access

Germany’s military says it will not award new contracts to Palantir at this time, citing serious concerns over granting industry staff access to national databases. A senior cyber official told Handelsblatt that such access is currently “inconceivable,” even as Palantir’s AI system is preparing for long-term use by the US Pentagon.

Summarised by Beize from a story on The Economic Times on 28 Apr 2026
Palantir reportedly helps IRS investigate financial crimes using software since 2018

Palantir reportedly helps IRS investigate financial crimes using software since 2018

Reporting by The Intercept says the IRS has been using Palantir’s software since at least 2018 to support investigations into financial crimes. The claim places Palantir’s analytics tools inside a core federal enforcement workflow for years, raising questions about how the technology is deployed and what oversight accompanies its use in high-stakes cases.

Summarised by Beize from a story on TechCrunch on 24 Apr 2026
USDA signs 300 million Palantir deal to overhaul farmer services with operational software

USDA signs 300 million Palantir deal to overhaul farmer services with operational software

The USDA has signed a $300 million agreement with Palantir Technologies to modernize how services reach American farmers and government staff. The contract will provide operational software supporting the National Farm Security Action Plan, with the aim of improving service delivery and overall program effectiveness for farmers.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026

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Palantir CEO Alex Karp defends ICE work and data ethics amid mounting scrutiny

Palantir CEO Alex Karp defends ICE work and data ethics amid mounting scrutiny

Palantir CEO Alex Karp defended the company’s past ties with US Immigration and Customs Enforcement (ICE) and pushed back on criticism raised over data ethics. His comments at the New York Times DealBook Summit arrive as scrutiny of Palantir’s federal contracts intensifies, particularly amid public concern over ICE’s role in immigration enforcement raids.

Summarised by Beize from a story on The Economic Times on 24 Apr 2026
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