"Q4 EPS of 25 cents on revenue of $1.41 billion came in better than the forecast for 23 cents on revenue of $1.33 billion. Palantir's commercial business accelerated 137% year over year in the fourth quarter, while its government business grew 66% year over year, wrote Goldman Sachs, as noted. by CNBC. "But analysts were even more blown away by Palantir's strong revenue forecast. The company's 2026 guidance implies topline growth of 61%, ahead of Wall Street's 43% estimate.""
"Deutsche Bank, for example, reiterated its $6,000 per ounce target for gold. "Gold's thematic drivers remain positive, and we believe investors' rationale for gold (and precious) allocations will not have changed. The conditions do not appear primed for a sustained reversal in gold prices, and we draw some contrasts between today's circumstances and the context for gold's weakness in the 1980s and 2013," they added, as quoted by CNBC."
Markets pointed to a higher open with the S&P 500 up 0.26%, the SPDR S&P 500 ETF up 0.24%, the Dow higher by about 27 points, and the Nasdaq up 0.51%. Palantir delivered Q4 EPS of $0.25 on $1.41 billion revenue versus forecasts of $0.23 on $1.33 billion. Palantir's commercial revenue accelerated 137% year over year and government revenue grew 66% year over year, and 2026 guidance implies roughly 61% topline growth. Gold and silver plunged recently on U.S. dollar strength and a Fed nomination, but JPMorgan and Deutsche Bank urged buying the dip, with Deutsche Bank reiterating a $6,000/oz gold target. Gold rose about 6% and silver about 14%.
Read at 24/7 Wall St.
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