Palantir Technologies Inc. (NASDAQ: PLTR) is up over 8% the morning after the company delivered a blowout earnings report that had shareholders cheering and, for a moment, quieted its naysayers.
There were many headlines to this report, but the most important was that Palantir hit $1 billion in revenue for a quarter for the first time. That was a 48% increase on a year-over-year (YOY) basis.
