$PLTR
Every single SaaS name is down today because one of the largest SaaS companies, Salesforce $CRM, reduced revenue guidance.
The one green name?
Palantir.
Why is Palantir the only green name?
The market might have realized that most of SaaS is becoming commoditized by AI, most of the SaaS names pitching their AI vision are just pitching a GPT wrapper, and that most of these SaaS names cannot get $480M on a random Wednesday to build the most advanced AI-defense tech for the Army.
One of them might end up being the true winner when it's all said and done...because that company actually cares about building valuable products to transform an enterprise vs. suck the soul out of an enterprise.
The market doesn't fully see it yet, but Salesforce earnings was a wake up call that if enterprise AI applications are a trillion dollar opportunity...then the company capitalizing on that actually needs to be delivering value from their AI vision that's transformative...not just a vision that is built to be sold.
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