PLTR Sep 2024 13.000 call
| Previous close | 12.52 |
| Open | 12.52 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 13.00 |
| Expiry date | 2024-09-20 |
| Day's range | 12.52 - 12.52 |
| Contract range | N/A |
| Volume | |
| Open interest | N/A |
- Yahoo Finance Video
Palantir isn't the 'cutting-edge' AI play it aims to be: Analyst
Palantir (PLTR) shares are sliding in after-hours trading even after the tech company raised its full-year guidance. RBC Capital Markets Software Equity Analyst Rishi Jaluria joins Yahoo Finance to break down Palantir's first quarter earnings and the market's reaction amid an artificial intelligence race. Palantir topped its first quarter sales expectations yet saw a decrease in US commercial growth from 70% to 40%. Jaluria attributes the slow US commercial growth to Palantir's status as an "over-hyped generative AI beneficiary company," pointing to mixed messaging around its artificial intelligence capabilities and skepticism over its boot camp strategy. "Everyone wants to play the AI game...I just don't think Palantir is that cutting-edge generative AI company that they claim it to be," Jaluria warns, pointing to more established tech companies like Microsoft (MSFT) as a stronger option. For more expert insight and the latest market action, click here to watch this full episode. This post was written by Melanie Riehl
- GuruFocus.com
Palantir Technologies Inc (PLTR) Q1 2024 Earnings Call Transcript Highlights: Robust Growth and ...
Discover how Palantir achieved a 21% revenue surge and expanded its customer base in the first quarter of 2024.
Simply Wall St.3 Growth Companies With High Insider Ownership And At Least 12% Revenue Growth
Amid a buoyant U.S. stock market, bolstered by robust first-quarter earnings and the anticipation of interest rate cuts, investors are keenly observing various factors that could influence their investment decisions. In this context, growth companies with high insider ownership and significant revenue growth present an interesting opportunity for those looking to align with the confidence insiders are showing in their own companies.
