Understanding the Significance of Earnings Season in Q2

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Palantir Technologies Inc. (PLTR) raised its current year revenue growth guidance to 35% year-over-year, driven by strong demand linked to the AI sector, resulting in a significant boost in share prices following its latest earnings report.

Additionally, Netflix, Inc. (NFLX) reported a 25% increase in earnings per share along with 12% higher sales, leading to a surge in its stock value. The company added 10 million new subscribers during this period.

For Newmont Corporation (NEM), the average gold price reached $2,643 per ounce, an increase from $2,004 the previous year, contributing to a record free cash flow of $1.6 billion in its latest quarter.

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