Palantir shares jump 51% in August, putting $418B valuation in focus
Palantir shares surged 51% in August to $186.38 as revenue climbed to $1.94 billion, up 93% year over year, and EPS rose to $0.41. The company logged 220 $1M+ deals, including 73 above $10M, and U.S. commercial bookings hit $2.132 billion. It also expanded a PwC US partnership for an AI deal-execution platform.