Shares of Palantir Technologies (NASDAQ:PLTR) tumbled 12% Tuesday morning after the artificial intelligence data analytics firm handily beat analyst first-quarter revenue and earnings forecasts while also raising its full-year outlook.

Live Updates Live Coverage Updates appear automatically as they are published. Morgan Stanley Weighs In 10:57 am by Eric Bleeker As of 11:00 a.m. ET, Palantir has erased some earlier losses and is now down 12%.

Data-mining and analytics company Palantir (NYSE:PLTR) reported Q1 CY2025 results , with sales up 39.3% year on year to $883.9 million. On top of that, next quarter’s revenue guidance ($936 million at the midpoint) was surprisingly good and 4.