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Palantir shares rose 13% in extended trading on Monday after reporting a strong third quarter, driven by rising AI demand. Palantir's earnings and revenue surpassed analyst expectations for the quarter. CEO Alex Karp highlighted robust adoption among U.S. government clients and upgraded Palantir’s annual revenue guidance, exceeding prior estimates and implying 26% growth. CEO Alex Karp emphasized that rapid U.S. adoption of Palantir's AI platforms is fueling growth.

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00:00It's Benzinga bringing Wall Street to Main Street.
00:02Palantir shares rose 13% in extended trading on Monday after reporting a strong third quarter
00:07driven by rising AI demands. Palantir's earning and revenue surpassed analysts'
00:11expectations for the quarter. CEO Alex Karp highlighted robust adoption among U.S. government
00:16clients and upgraded the company's annual revenue guidance, exceeding prior estimates
00:20and implying a 26% growth. For all things money, visit Benzinga.com slash GSTV.

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