$Palantir Technologies Inc.(PLTR)$
Palantir's after-hours decline can be attributed to Microsoft's $Microsoft(MSFT)$ earnings forecast, which wasn't as strong as anticipated. However, it's important to note that while Microsoft and Palantir are collaborating on AI initiatives, Microsoft does not own Palantir. Therefore, there’s no justified reason for Palantir to drop in response to Microsoft's performance. Similarly, today's decline was influenced by issues at SMCI $SUPER MICRO COMPUTER INC(SMCI)$ , specifically their accounting troubles and the resignation of their accounting firm, Ernst & Young . Despite these external factors, Palantir is set to report earnings this coming Monday, and based on current indicators, I'm feeling very bullish about their performance. The earnings report could showcase the strength and potential of Palantir's business, making any current declines look like temporary setbacks rather than long-term issues.
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