PLTE.TO is trading at CA$19.99, up +3.09%, primarily after Palantir’s exceptional second-quarter report.
- Revenue grew 93%, U.S. commercial revenue surged 149%, and guidance was raised.
- The broader rate-sensitive technology backdrop also helped after the August 7, 2026 jobs report reduced expectations for a near-term Fed rate hike, lowering pressure on growth-stock valuations.
- Mixed major-index performance on August 10, 2026 suggests the move is chiefly Palantir-led rather than a broad market rally.