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Palantir jumps 16% on 'otherworldly' commercial revenue — here's what's driving the demand

Posted on August 4, 2026
By CNBC
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1 min read

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Palantir jumps 16% on 'otherworldly' commercial revenue — here's what's driving the demand

"Our customers have declined to become vassal states of the language labs," Palantir's co-founder and CEO Alex Karp said after blowout second-quarter earnings.