SOUN - Palantir Stock Is Rising As AI Hits 'Tipping Point': What's Going On? | Benzinga
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 ...