Palantir Might Be a Great Stock, But I'm Not Buying It Now. Here's Why
Palantir's stock is not for the faint hearted.
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- When the US markets are hitting peaks it becomes more and more risky. Tech stocks are highly valued except mid and small cap stocks. But, where will money go to when volatility and risk go higher? I will go for the Chinese markets where they are very much in the lower base. Chinese bull is just about to begin. Just be patient!
- $NVIDIA Corp(NVDA)$ Wonder how many are still bullish on tech stocks and Nvidia? Will you add position these few days? Like to indicate that you are bullish.
- Falling in love with this C3.AI !C3.ai Rides 'Intensifying' Wave of AI Demand as Revenue Jumps 20%
C3.ai Rides 'Intensifying' Wave of AI Demand as Revenue Jumps 20%
Shares of C3.AI Inc. rose more than 10% in the extended session Thursday after the software company reported a 20% jump in its quarterly revenue, saying demand for AI is "intensifying.". C3.ai reported a loss of $73 million, or 59 cents a share, in the fiscal fourth quarter, compared with a loss of $65 million, or 58 cents a share, in the year-ago quarter. Adjusted for one-time items, the company lost 11 cents a share.Revenue rose 20% to $86.6 million, including subscription revenue of $79.9 million, the company said."Demand for enterprise AI is intensifying, and our first-to-market advantage in enterprise AI positions us well to capitalize on it," Chief Executive Thomas Siebel said in a statement.For fiscal 2025, the expectation is revenue growth of 23%, the company said. It guided for fiscal 2025 first-quarter revenue between $84 million and $89 million, and a loss of between 22 cents and 30 cents a share.For the full year, the company called for revenue between $370 million and $39
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