WS #13396
Palantir reported Q2 revenue up 93% to $1.94B and net income tripled, sending shares up ~25% and reinforcing the AI demand thesis. New Jersey sued Amazon over delivery driver pay/conditions, while Amazon's market cap crossed $3 trillion on AWS demand. SpaceX reports first quarterly earnings tonight with 911M shares unlocking Thursday; shares are down ~50% from June peak, creating high volatility risk.
Palantir blowout earnings
Palantir reported Q2 revenue up 93% to $1.94B and net income tripled, sending shares up ~25% and reinforcing the AI demand thesis.
New Jersey sued Amazon over delivery driver pay/conditions, while Amazon's market cap crossed $3 trillion on AWS demand.
SpaceX reports first quarterly earnings tonight with 911M shares unlocking Thursday; shares are down ~50% from June peak, creating high volatility risk.