Palantir Q1 Revenue Up 85% but Shares Fall
Get the Finance newsletter
Daily finance — markets, central banks, M&A, the prints that move money. Free.
- Palantir reported Q1 revenue up 85% YoY, beating estimates and raising its outlook, yet its stock fell after earnings.
- Anthropic launched Opus 4.7 on April 19 and unveiled 10 new AI agents for banks and insurers, expanding its finance AI footprint.
- Google is rolling out Gemini AI across Chrome for millions of users and adding Mac apps, broadening its consumer AI reach.
- Barron's highlighted a wider software‑stock sell‑off as investors reprice growth expectations after Palantir’s results.
Why it matters: Palantir investors lose as the stock slides despite earnings, while rivals like Anthropic and Google gain market attention for expanding AI finance tools, shifting capital toward broader AI platforms.
