wmccc
08-23

$Palantir Technologies Inc.(PLTR)$  

Palantir (PLTR) is a software company founded in 2003 that provides data analytics and integration platforms for government and commercial organizations. Some key points about Palantir:

- Palantir was co-founded by Peter Thiel, Nathan Gettings, Joe Lonsdale, Stephen Cohen, and Alex Karp. The company name is a reference to the 'Palantíri' from J.R.R. Tolkien's Lord of the Rings universe.

- Palantir's main products are Gotham (for government/defense) and Foundry (for commercial enterprises). These platforms integrate and analyze large, disparate datasets to help organizations make data-driven decisions.

- The company has faced some controversy over the years regarding its work with government agencies, particularly around issues of privacy and civil liberties. This has made it a polarizing company in the tech industry.

- Palantir went public via direct listing on the NYSE in September 2020. The stock price has been volatile since then, ranging from around $10 to $45 per share.

- In recent years, Palantir has been expanding its commercial customer base beyond its traditional government/defense focus. This has included partnerships and contracts with companies in sectors like healthcare, energy, and manufacturing.

- Palantir positions itself as a leader in the 'big data' and 'data integration' software markets, competing with companies like Splunk, IBM, and Microsoft. However, it remains a relatively niche player compared to some of the tech giants.

Let me know if you need any other details about Palantir and its business!

Palantir Hits $70: Is It the Next AI Multibagger?
On December 3rd, Palantir Technologies announced a new government security designation, allowing it to handle sensitive US government workloads in its cloud offering. Following the news, Palantir jumps 7% and hits new high of $71. ------------------- Is it the next AI multibagger? Will you hold Palantir for long term?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

  • pixiezz
    08-25
    pixiezz

    Palantir’s Foundry is catching fire in commercial sectors. Watch for that to drive the next rally! 🔥

  • zinglee
    08-25
    zinglee

    Palantir's expansion beyond government into healthcare is a game-changer. More contracts, more growth!

  • frosti
    08-25
    frosti

    Controversies aside, their data platforms are top-notch. Betting on long-term growth here.

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