Jim Cramer points to Palantir’s AI-driven rebound after earnings
Palantir and Salesforce rallied in August as the market narrative shifted from SaaS decline to improving fundamentals. Jim Cramer attributed part of Palantir’s surge to unwinding pressure from a leveraged hedge fund bet against enterprise software. He also highlighted Palantir’s 93% Q2 sales growth and a raised full-year outlook tied to accelerating U.S. government and commercial demand.