TradingKey – Palantir Technologies (NASDAQ: PLTR) delivered one of the biggest surprises of the earnings season. Its stock ended close to $162 on Tuesday, up by more than 30% in one trading session following the company’s second-quarter earnings and a vastly higher forecast for full-year profits. It was Palantir’s strongest one-day gain in two years and its second-best trading day on record.

The stock had opened at the low $120s but CEO Alex Karp had called the earnings report “otherworldly” and that was enough to spark a massive rally as commercial demand surged, and guidance was better than expected. But even now the shares are still some 10% off their year-ago levels and well shy of the November 2025 all-time high of $207.52. Despite…