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What’s Going On With Palantir’s Stock?

By Erica Kollmann
May 9, 11:52 AM
Palantir's first-quarter revenue increased 21% year-over-year to $634 million, beating the consensus estimate. However, the stock tumbled as investors reacted negatively to the company's light guidance for the second quarter and the full year. CNBC's Jim Cramer said he still believes Palantir is a strong company following the earnings report. "I like that conference call very, very much," Cramer said. "I say not to worry, that company is a good company to own right here, right now."

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Blade Air Mobility Takes Off: Beats on Q1 Revenue, Medical Soars, Reaffirms 2024 Outlook

By Lekha Gupta
May 7, 1:07 PM
Blade Air Mobility reported Q1 FY24 revenue of $51.5M, beating consensus of $49.5M. Short Distance revenue down due to weather, adjusted EBITDA loss improved. EPS loss exceeded estimate. Medical segment's EBITDA rose, net loss decreased. 2024 outlook reiterated, 2025 expects double-digit revenue and EBITDA growth.

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