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Still, Wall Street has rallied behind Palantir following the election on optimism that more military spending will flow to the company. Karp's comments in the earnings report ahead of the election suggest the company would be fine either way. "The growth of our business is accelerating, and our financial performance is exceeding expectations as we meet an unwavering demand for the most advanced artificial intelligence technologies from our U.S. government and commercial customers," Karp said in a letter to shareholders. Analysts expect revenue growth in 2025 of about 24% to $3.5 billion, according to LSEG.
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