Palantir Technologies raised its full-year outlook but saw its stock plunge in after-hours trading due to mostly in-line quarterly results. The company reported first-quarter revenue of $884 million, a 39% increase year-over-year, and adjusted earnings per share of 13 cents, matching Wall Street’s estimates. Investors may have expected more following strong results in February and November. Palantir shares had surged 64% since the start of the year, driven by optimism about enterprise AI deployments and government initiatives. Key price levels to watch include support at $97, $83, and $66, and overhead resistance around $125.
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