Palantir stock skyrockets 29%, narrowly missing its best day ever after 'otherworldly' results

Palantir stock surged twenty-nine percent after the company posted what CNBC calls 'otherworldly' second-quarter earnings. CEO Alex Karp told investors that customers have declined to become what he called 'vassal states of the language labs'—emphasizing Palantir's pitch as an independent alternative in the AI software market.

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