Key Takeaways Palantir Technologies shares climbed Thursday after the analytics software provider said it extended a contract with the U.S. Army that could be worth $618.9 million.With Thursday's gains,

Palantir Technologies, the artificial intelligence-software company whose biggest customer is the U.S. government, won new contracts with the Army worth up to $619 million. The stock added 5% on Thursday,

Palantir said it has extended a major U.S. Army artificial intelligence contract worth $619 million. Palantir stock rallied premarket. Palantir said the U.S. Army has been using its software for "essential missions" and to "enable faster decision-making across the force" since 2018.