Check Point Software Technologies: Initiation of Coverage – Unleashing the Power of AI to Combat Cyber Threats — Discover the Future of Internet Safety!

Palantir, a leading developer of data analytics software, showcased strong results in the fourth quarter of 2023. The firm reported $608 million in fourth-quarter revenue, which represents 20% YoY and 9% sequential growth. The substantial contribution came from the commercial business which surpassed $1 billion in revenue over the last twelve months, marking this figure as a noteworthy milestone. The fourth quarter commercial revenue notably grew 32% YoY, while the U.S. commercial quarter revenue significantly expanded its market, growing 70% YoY.