September Nasdaq 100 E-Mini futures (NQU26) are up +0.67% this morning, signaling further gains for tech stocks as blockbuster earnings from Palantir Technologies boosted sentiment.
Palantir Technologies (PLTR) jumped over +16% in pre-market trading after the technology company reported blowout Q2 results and raised its full-year revenue and income forecasts. The stronger guidance helped ease investors’ concerns that Palantir’s business could be hurt by AI developers such as Anthropic selling their own software and by governments outside the U.S. increasingly partnering with domestic tech firms.