Palantir Stock Is Rising As AI Hits ‘Tipping Point’: What’s Going On?



Palantir Technologies Inc (NYSE:PLTR) shares are moving higher in Wednesday’s after-hours session following better-than-expected earnings results from Nvidia Corp (NASDAQ:NVDA). Here’s what you need to know.

What To Know: Nvidia reported fourth-quarter revenue of $22.1 billion, which beat the consensus estimate of $20.62 billion. The company reported quarterly earnings of $5.16 per share, which beat estimates of $4.64 per share.

Data center revenue was up 409%, gaming revenue climbed 56%, professional visualization revenue increased 105% and automotive revenue declined 4% on a year-over-year basis.

Nvidia guided revenue for fiscal year 2025 at approximately $24 billion, plus …

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