$Palantir Technologies Inc.(PLTR)$ To be honest, I think PLTR should be trading around the $180 range. It's hard to get too excited at $140-something. But it's a great company. It'll get there once all the financial institutions need to get in. This price is just too low.
$Palantir Technologies Inc.(PLTR)$ NAS is looking green. I think PLTR could go over 140 today. Worth watching the move for a bit. As for Nvidia, it seems to be continuing its upward trend.
$Palantir Technologies Inc.(PLTR)$ Once all this petty political dust settles, Palantir should still continue its march toward $250. Short sellers are trying everything in their power to drag it down with negative political rhetoric, but that kind of pressure won't last for too long.
$Palantir Technologies Inc.(PLTR)$ I don't think there's anything fundamentally wrong with Palantir; it's just the share price at the moment. In my view, people are selling Palantir because they see software as dead money and are rotating into chips and hardware. Just a year ago, the narrative was that chips were doomed and all that massive capex would crush Nvidia, Google, and Amazon. Guess that didn't pan out. Something will shift again, and the herd will follow back into software.
$Palantir Technologies Inc.(PLTR)$ The whole "sky is falling" idea that Palantir's commercial business is losing ground doesn't hold up. They posted $595 million in commercial revenue, missing the $604 million estimate by just $9 million. On the flip side, government revenue came in at $858 million, beating the $768 million estimate by $90 million. Just in Q1 alone, they logged 206 deals over $1 million, 72 deals over $5 million, and 47 deals over $10 million. Total customers now stand at 1007. No surprise Bank of America reiterated a buy with a $255 target, and Argus upgraded from hold to buy at $190 per share.
$Palantir Technologies Inc.(PLTR)$ Cleveland-Cliffs and the U.S. Department of Agriculture have both announced multi-year deals to implement Palantir's AI platforms across steel production and farm program operations. This includes a US$300 million blanket purchase agreement to support the National Farm Security Action Plan. This demonstrates Palantir's software is moving deeper into mission-critical industrial and civilian government workflows, extending its reach well beyond its core defense and intelligence business.
$Robinhood(HOOD)$ Quite a few investment professionals, not just Cathie Wood, are forecasting Bitcoin to reach somewhere in the $300K to $1M range in about 5 years. Picture the impact that Bitcoin's progression toward that target could have on HOOD. Worth keeping an eye on HOOD.