Palantir shares fell after the company issued guidance that disappointed, though its full-year and next-quarter outlook was above consensus. Growth is slowing both sequentially and year over year, and the stock is roughly flat for the year. The company is finding growth in U.S. commercial customers, with a more even mix between commercial and public-sector revenue. Bloomberg Intelligence says frontier AI labs may be taking market share, as Palantir now faces competition from a broader group of AI labs.
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