New Delhi, Aug. 4 -- Palantir Technologies Inc. shares jumped after the software company raised its full-year financial outlook, driven by demand for its AI-powered data analytics platform. It said demand from commercial customers has been exceptionally strong, describing it as "otherworldly."

The stock had been down 29% so far this year heading into Monday's report, trading well below the S&P 500 Index and Nasdaq-100.

And, the company said it now expects $4.89 billion to $4.91 billion in adjusted income from operations this year, up from the previously reported top end of $4.45 billion.

The software developer and major military vendor projected up to $8.16 billion in sales, above the average Bloomberg-compiled estimate of $7.7 billion...