The Chonkerton

Palantir jumps 27% on 'otherworldly' commercial revenue — here's what's driving the demand

tech

Per CNBC US Top News, Palantir's stock jumped twenty-seven percent on 'otherworldly' second-quarter commercial revenue. CEO Alex Karp credited the surge to customer demand for independence from large language model vendors, saying customers have 'declined to become vassal states of the language labs.'

Source: https://www.cnbc.com/2026/08/04/palantir-2q-earnings-ai-s...

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