The stock has climbed 2.5x since early January and now trades at around $185 per share. After such a rapid ascent, should investors holding sizable gains cash out?

One of the most encouraging signs for long-term investors is that growth is coming from both sides of the business. For perspective, U.S. commercial revenue grew 93% year over year, and U.S. government revenue grew 53% from a year ago.

Palantir Technologies shares hit a new all-time high on Friday. The stock is capping an active week driven by a blockbuster Q2 earnings report that showcased explosive growth.