US stock markets posted a strong session on Monday, driven by a broad-based rally in technology shares.
The S&P 500 index rose 1.5%, closing at 7,600 points and trading just below its all-time highs.
The data-analytics firm, known for its government and enterprise software platforms, saw its shares jump 14% in the previous session, setting a positive tone for the broader sector.
The tech-heavy Nasdaq Composite outperformed, gaining 2.1% as investors rotated into growth names following positive corporate data.
The market advance was anchored by Palantir Technologies, which reported second-quarter revenue that significantly exceeded analyst expectations.
The data-analytics firm, known for its government and enterprise software platforms, saw its shares jump 14% in the previous session, setting a positive tone for the broader sector.
The strong earnings print reinforced investor confidence in the durability of demand for AI and data infrastructure solutions.