Shares of military-grade AI tools and services provider Palantir (PLTR.O) jump 4.5% to $143.14 Stock climbs alongside broader rally in U.S. defense firms as the U.S.-Israeli air war against Iran expands
S&amp;P 500 Aerospace and Defense index (.SPLRCAERO) adds 1.3% Last month, PLTR said revenue derived from the U.S. government jumped 66% to $570 million in Q4, helping lift total sales to $1.41 billion
PLTR up 62% in the past 12 months vs. 50% gain in SPLRCAERO

PLTG

- Palantir's shares increased by 4.5% to $143.14 amidst a broader rally in U.S. defense firms due to the escalating U.S.-Israeli air war against Iran.  
- The S&P 500 Aerospace and Defense index rose by 1.3%, while Palantir reported a 66% rise in revenue from the U.S. government, reaching $570 million in Q4, contributing to total sales of $1.41 billion.  
- Over the past 12 months, Palantir's stock surged by 62%, outperforming the 50% gain of the Aerospace and Defense index.

Reuters

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BUZZ-Palantir joins defense stocks rally