Palantir Technologies forecasts fourth-quarter revenue above estimates, driven by AI adoption. Stock soars, doubling in value this year. Sales expected between $1.327 billion and $1.331 billion, a 61% growth rate. Concerns arise over stock’s high valuation. Analysts predict results will maintain high valuation levels. Company raises annual sales forecast to $4.396 billion to $4.40 billion, beats Q3 earnings and revenue estimates. U.S. Army directs use of Palantir’s ‘Vantage’ platform, boosting military-grade AI tool expectations.

Read more at Yahoo Finance: Palantir forecasts fourth-quarter revenue above estimates on solid AI demand