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Business

Palantir Shatters Records: AI Demand Fuels Historic Quarter, $10 Billion Army Deal Seals Dominance

Palantir Technologies Inc. (PLTR) reported a blockbuster second quarter, surpassing $1 billion in revenue for the first time and securing a monumental $10 billion U.S. Army contract. The company's enterprise AI platform, AIP, drove U.S. commercial revenue up 93% year-over-year, signaling a seismic shift in how governments and corporations operationalize artificial intelligence.

Business

MGIC Investment Caps Off 2025 with Strong Quarter, Eyes Stable Market in 2026

Private mortgage insurer MGIC Investment Corporation (MTG) reported robust fourth-quarter and full-year 2025 results, driven by disciplined risk management and a fortified capital position. While forecasting a flat insurance-in-force market for 2026, the company highlighted strategic reinsurance moves and significant capital returns to shareholders.