Earnings Beat: Can Palantir sustain its explosive AI-driven growth?

Palantir Technologies reported second-quarter revenue of $1.94 billion, beating market expectations. The company raised its full-year revenue forecast to $8.15 billion-$8.16 billion as demand for AI software surged. Shares got a boost, rising 14% after hours. Chief Executive Alex Karp said businesses are increasingly seeking secure AI platforms to maintain data control.