Which stock rocketed 29.5% and helped send Wall Street to record highs?

Wall Street Hits Records as Palantir Goes 'Otherworldly'

The S&P 500 jumped 1.8% to a fresh all-time high, the Dow added 907 points, and the Nasdaq soared 2.6% as corporate earnings crush expectations across the board. The star of the show: Palantir, up 29.5% after CEO Alex Karp bragged revenue leaped 93% in an 'otherworldly' quarter. Caterpillar also popped 5.6% on record $20bn quarterly sales, partly thanks to AI datacenter demand. S&P 500 companies are on pace for their biggest earnings jump since the 2021 pandemic rebound, easing fears that AI hype had outrun reality.