Palantir stock surges on August 4 after record Q2 and guidance raise

Palantir shares rose sharply on August 4, the first full session after the Q2 report, with a 27.1% intraday gain reported by Motley Fool and a 16% early gain reported by 24/7 Wall St. The Dow was also up roughly 800 points at midday, so the broader market helped. The session was driven mainly by the earnings beat and the largest annual guidance increase the company has made.

• Intraday gain of 27.1% per Motley Fool at midday
• Early-session gain of about 16% per 24/7 Wall St.
• Dow up roughly 800 points at 11:45 a.m. ET
• Driver: Q2 beat and FY2026 guidance raise