Palantir sees first billion dollars in quarterly sales amid US spending cuts
Shares of Palantir Technologies appear to be heading towards another record high on Tuesday after the company booked its first billion dollars (£0.75 billion) in quarterly sales and raised its outlook for the year.
The stock rose above 170 dollars (£127) before the opening bell on Tuesday, which would be a high for the company that has already notched record highs four times this year, the most recent on July 25 when its stock closed at 158.80 dollars (£119.53).
