Why Is Palantir Technologies Stock Gaining Friday?
Featured , Aug 07, 2026, BY Kaustubh Bagalkote

Palantir Technologies Inc. (NASDAQ:PLTR) stock rose nearly 2% in Friday’s premarket session as investors extended this week’s post-earnings rally and continued to favor large-cap technology stocks. Nasdaq futures gained 0.56%, while S&P 500 futures advanced 0.25%. Palantir has rallied sharply since reporting second-quarter results on Monday and raising its full-year outlook on stronger demand for enterprise artificial intelligence software. The company reported second-quarter revenue of $1.94 billion, up 93% from a year earlier and about $136 million above Wall Street estimates. Adjusted earnings came in at 41 cents a share, topping the consensus estimate of 35 cents. U.S. customers accounted…

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