Stock: Palantir Ticks Up After Q4 Beat, PayPal Dives, Pepsico Slips
[Para 1: The Lead] Palantir Technologies Inc. (NYSE: PLTR) shares surged in after-hours trading following a strong Q4 earnings report, beating analysts' estimates. PayPal Holdings Inc. (NASDAQ: PYPL) saw its stock plunge, while Pepsico Inc. (NASDAQ: PEP) slipped. The market reaction highlights the divergence in financial performance among tech giants. [Para 2-3: Supporting details & Context] Palantir reported a 20% increase in revenue to $490 million, surpassing expectations by 15%. The company's net loss narrowed to $10 million, down from $30 million a year ago. PayPal's stock fell 12% after reporting a 5% decline in Q4 revenue to $7.5 billion, below market forecasts. Pepsico's earnings per share missed estimates by 2%, leading to a 3% drop in its stock price. These moves reflect the volatility and sensitivity of the market to earnings reports.