Palantir Reports Revenue Growth of 30% Y/Y, U.S. Revenue Growth of 44% Y/Y, GAAP EPS of $0.06; Raises Full Year Guidance on Revenue, U.S. Comm Revenue, Adj. Free Cash Flow, Adj. Op. Income Above Consensus Estimates on “AI Demand that Won’t Slow Down”

Palantir Reports Revenue Growth of 30% Y/Y, U.S. Revenue Growth of 44% Y/Y, GAAP EPS of $0.06; Raises Full Year Guidance on Revenue, U.S. Comm Revenue, Adj. Free Cash Flow, Adj. Op. Income Above Consensus Estimates on “AI Demand that Won’t Slow Down”

Palantir Technologies (NYSE:PLTR) reported strong Q3 2024 results with revenue growing 30% year-over-year to $726 million. U.S. revenue increased 44% to $499 million, with U.S. commercial revenue up 54% to $179 million and U.S. government revenue up 40% to $320 million. The company achieved GAAP net income of $144 million…

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Apple to invest in Globalstar to enable direct connectivity for iPhone mobile phones

Apple to invest in Globalstar to enable direct connectivity for iPhone mobile phones

Apple is preparing to invest approximately $1.5 billion in the satellite company Globalstar, Azernews reports. This investment will enhance Globalstar’s satellite network, which has been used to manage the emergency messaging service that allows users to send text messages via satellite since the launch of the iPhone 14. The service enables the phone to connect…

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ONE Store Partners with Digital Turbine for Global App Market Expansion

ONE Store Partners with Digital Turbine for Global App Market Expansion

Collaboration to Combine App Market Expertise, Global Device Footprint and Innovative Technology Strengthening Partnership Following the Establishment of the Partnership in February 2024 ONE Store Continues Strategic Global Expansion with Regional Customization and Optimal Partnerships SEOUL, South Korea, Oct. 30, 2024 /PRNewswire/ — ONE Store, Korea’s leading app marketplace, announced that it has signed a platform…

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China became leader in current patents for inventions

China became leader in current patents for inventions

By Alimat Aliyeva China has become the world’s leader in the number of scientific and technological publications and in terms of valid domestic patents, Azernews reports. According to the Roscongress study, all this, together with investments and personnel development, lays the foundations for its transformation into a leading scientific and technical superpower. It is noted…

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Viking Celebrates Historic Return to China

Viking Celebrates Historic Return to China

Viking (NYSE: VIK) is celebrating its historic return to China as the Viking Yi Dun completed its first voyage from Shanghai to Hong Kong. The company now offers domestic sailings along China’s coast, featuring rarely-visited destinations and exclusive ports, a first for international visitors. The 930-guest Viking Yi Dun, formerly…

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