CNBC Palantir posts blowout Q2 numbers, with U.S. commercial revenue soaring nearly 150%

Palantir's second quarter earnings coming in well above Wall Street consensus. $0.41 adjusted versus the $0.35 estimate. Revenue topping guidance. $1.94 billion versus the $1.8 billion estimate. Driven in part by its U.S. commercial business, which grew nearly 150% year over year. That's a higher growth rate than the prior quarter. The defense tech company also raising its full year guidance across the board. CEO Alex Karp doubling down on his criticism of Anthropic and OpenAI, and their exclusive interview with the CEO who said, we have people trying to drug addict us to a future they believe they control. Now I've spent a lot of time with Dario. They Anthropic want to tell you, we have to march into a future where we own nothing, where our businesses aren't profitable, where none of us have jobs, and where our adversaries win. And Palantir and our allies are guiding into a future where you have growth and jobs. Separately, in a letter to shareholders, Karp says a global movement is emerging and that organizations are awakening to the risks of handing the creators of the language models their keys to the institutions. Bottom line, he's saying this pivot to open source is happening under this whole debate around AI sovereignty. The company is benefiting with that partnership with NVIDIA, with that commercial business, revenue increasing again, nearly 150% year over year.