Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

Good morning. Today is Tuesday, February 4th. I'm Julie Morgan. Palantir is one of the biggest movers of the day pre-market.

We're talking tariffs, yes again. And we're hearing conflicting information about the direct file

program from the IRS. Palantir Technologies is up 18% in pre-market action after its fourth quarter

2024 results and outlook blasted past expectations.

Fourth quarter adjusted earnings per share of 14 cents surpassed the consensus estimate of 11 cents. Revenue for the quarter ended December 31st totaled $827.52 million,

an increase of 36% year over year and nearly $50 million more than expectations.

For the quarter in progress, Palantir projects revenue ranging from $858 million to $862 million,

which is much more than the estimate of $802.9 million.

The artificial intelligence and analytics company expects full year 2025 revenue

ranging from $3.74 billion to $3.76 billion,

which is more than the estimate of $3.54 billion.

Of course, you can always find the transcript from Palantir's

earnings call on Seeking Alpha, but I'm including a link to a new feature, our AI-generated

earnings call Insight article. The link is in show notes. Monday here on Wall Street Breakfast,

we walked you through the tariffs that were set to start against China, Canada, and Mexico.

Then on Wall Street lunch with Kim Khan, we told you that tariffs on Mexico had been delayed.

So let's pick up from there with what happened later in the day on Monday.

Canadian Prime Minister Justin Trudeau said in a statement on Monday that the U.S. will

pause its plan to impose tariffs on Canada, outlining an agreement to bolster border supervision.

President Trump confirmed the plan saying that tariffs will be paused for a 30-day period

to see whether or not a final economic deal with Canada can be

...