Palantir's Revenue Grows 93% as Investors Punish AI Spending

Palantir is a company that makes computer software.

Many big companies want to use artificial intelligence, a kind of smart computer program.

But they need help connecting their own information to the AI.

Palantir sells that help.

In the second part of 2026, Palantir made almost two billion dollars in three months.

That is almost twice as much as the year before.

At the same time, some investors worried that spending on AI might not be worth it.

The value of big computer-chip companies dropped a lot.

Palantir grew because real businesses paid for its AI tools.

Some people still worry that buying Palantir stock is too expensive.