Palantir Technologies Surges to All-Time High Following Robust Earnings Report
Palantir Technologies, an American software and data analytics company, reached a new all-time high on the New York Stock Exchange with a 7.85% increase to close at $173.27 per share on Tuesday, following better-than-expected second-quarter 2025 performance and advancements in artificial intelligence (AI).
The technology firm reported on Monday, after market close, that second-quarter revenue was $1,000 million, a 48% increase compared to the same period last year and surpassing FactSet consensus estimate of $937.7 million.
Adjusted operating cash flow rose by 69%, reflecting adjusted earnings of $0.16 per diluted share, up from $0.09 in the previous year.
The U.S. Commercial segment grew by 93%, leading Palantir’s results, while the Government segment increased by 53%.
AMD Reports Disappointing Income in Data Center Segment
Advanced Micro Devices (AMD), a California-based semiconductor manufacturer, reported disappointing income in its data center segment on Tuesday. This division includes lucrative AI chips that investors anticipate for accelerated growth.
AMD’s shares fell 1.40% on the Nasdaq, trading at $174.31 per unit. In after-hours trading, shares dropped over 6%.
This year, AMD’s stock has risen more than 40%, significantly outperforming the nearly 12% rise of the semiconductor benchmark index, as investors bet on the company’s ability to capitalize on AI’s widespread usage.
Brazilian Food Delivery App iFood to Invest $3.1 Billion in the Country
The Brazilian food delivery app iFood, owned by the Dutch investment group Prosus, announced on Tuesday direct investments of 17 billion reals ($3.1 billion) in the country between April 2025 and March 2026.
This spending, a 25% increase from the previous 12-month period, primarily aims to boost platform traffic, increase repeat purchases within the app, and expand the company’s operational areas.
iFood CEO Diego Barreto stated in an interview that the platform maintains a positive outlook on Brazil’s economy despite global uncertainties stemming from geopolitical tensions.
iFood invested 10.3 billion reals in 2024 and 13.6 billion reals in 2025, considering the 12-month periods ending in March.
Mexican Stock Exchange Index S&P/BMV to Remain Unchanged for Upcoming Rebalance
The primary index of the Mexican Securities Exchange, the S&P/BMV, will remain unchanged for the upcoming rebalance, the second of 2025, according to analyst expectations.
The only anticipated change is Controladora Alpek’s exit, following Alfa’s petrochemical arm division. This left the index with 36 issuers, so the benchmark reference would return to being composed of 35 stocks, according to Gustavo Hernández, Ve por Más analyst, in a report.
GBM experts considered that although Orbia, José Cuervo, and Grupo Televisa shares will continue to be part of the index, their weighting in the reference will decrease.
Key Questions and Answers
- Q: Why did Palantir Technologies’ stock price surge? A: Palantir reported better-than-expected second-quarter 2025 performance and advancements in artificial intelligence, leading to a 7.85% increase in its stock price.
- Q: What caused Advanced Micro Devices (AMD) stocks to fall? A: AMD reported disappointing income in its data center segment, which includes lucrative AI chips, causing a 1.40% drop in its stock price.
- Q: How much will iFood invest in Brazil? A: The Brazilian food delivery app iFood announced direct investments of 17 billion reals ($3.1 billion) in the country between April 2025 and March 2026.
- Q: What changes are expected in the Mexican Stock Exchange Index S&P/BMV? A: The only anticipated change is Controladora Alpek’s exit, which will leave the S&P/BMV index composed of 35 stocks instead of 36.
