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Palantir Technologies' Partnership with Hadean Boosts Shares 2.9%
ByAinvest
Wednesday, Sep 10, 2025 3:30 pm ET1min read
Palantir Technologies (PLTR) shares rose 2.9% after announcing a partnership with UK defense tech firm Hadean to bring simulation and AI products to the UK Armed Forces. The partnership adds to Palantir's strong performance, with US commercial revenue surging 93% YoY and US government revenue growing 53%. Palantir's AI Platform has been a key driver of growth, fueling significant increases in large contracts. The stock has doubled YTD but is still 11.4% below its 52-week high.
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