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Palantir Technologies has secured a $446 million contract with the U.S. Navy and renewed a three-year agreement with France's primary domestic intelligence agency, DGSI. These agreements solidify Palantir's role within Western defense and intelligence networks, capitalizing on a favorable regulatory climate and deepening international military cooperation.
Planet Labs (PL) stock surged 35% after its Q3 earnings report revealed a 361% increase in its order backlog. The market is revaluing the company not as a satellite operator, but as a critical AI infrastructure play with a defensible data monopoly, leading to a premium valuation.
Investors are looking beyond the initial AI boom, reallocating capital into AI-adjacent infrastructure and next-generation technologies like quantum computing. This shift occurs amid analyst warnings that the primary AI trade is overbought, prompting a search for new growth opportunities ahead of 2026.
The New York Stock Exchange (NYSE) dominated the 2025 IPO market, securing seven of the year's ten largest offerings and nearly 70% of all proceeds from major technology listings. This performance underscores its position as the premier venue for significant capital raises.
Planet Labs PBC reported third-quarter financial results that surpassed Wall Street expectations and raised its full-year revenue guidance, triggering a significant jump in its stock price. The company exceeded sales and earnings forecasts, signaling strong operational performance and customer demand.