Palantir Technologies' stock is moving up by 3.85% today due to a combination of strong Q4 earnings that exceeded expectations and a newly secured large deal with the Department of Homeland Security (DHS) valued at approximately $1 billion. The earnings report highlighted a significant year-over-year revenue growth of 70% and bullish guidance for FY2026, reinforcing positive investor sentiment. Additionally, the authorization granted by DISA for Palantir's software stack in sensitive DoD environments further enhances its market position, contributing to the bullish outlook.
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