Palantir

Palantir Lands $99.6 Million Deal with U.S. State Department

Palantir Technologies Inc has won a contract to sell up to $99.6 million worth of software to the U.S. Department of State for monitoring the health of the diplomatic corps, the company told Reuters ahead of a Wednesday announcement. The U.S. data analytics firm said the project – Axiom – would help the Bureau of […]

Palantir Expects 2023 to be First Profitable Year, Shares Soar

Palantir Technologies on Monday forecast its first profitable year and said it had slowed hiring, cut stock-based payouts and reduced cloud computing investments in response to lower spending from recession-wary businesses. The forecast, coming on the back of better-than-expected fourth-quarter results, sent the data analytics software maker’s shares up 16% after hours and was set […]