Palantir Technologies reported a 93% year-over-year revenue increase in Q2, driven by a 149% rise in U.S. commercial revenue. Despite this strong performance, its shares have remained nearly flat year-to-date due to high valuation multiples and market volatility around AI sentiment. Analysts have a moderate average price target of $191.68, while internal models suggest potential upside to $218.80 or more. Achieving $300 per share by 2027 would require sustained high growth, particularly in U.S. commercial revenue, and continued investor confidence in AI-related investments, though risks include a market reset in AI valuations.
Key AI researchers are quitting over fears that the AI industry is rushing to develop uncontrollable superintelligence. Despite these safety concerns and repeated incidents of AI systems losing control, the pace of AI development is expected to conti...
Palantir has expanded its partnership with Nvidia to integrate its enterprise data platform with Nvidia's open AI models, targeting industries like manufacturing and government that require secure, on-premise AI solutions. This approach allows custom...
Nvidia has chosen Palantir to manage the software for its complex 1.3 million-part AI supply chain, marking a significant endorsement despite recent criticism from Jim Cramer, who labeled Palantir "ice cold." This partnership integrates Palantir's Fo...
Nvidia and Palantir have jointly developed a sovereign AI stack designed to improve industrial supply chain management, using Nvidia's Nemotron models and cuOpt software combined with Palantir's Foundry and Ontology. Nvidia is the initial user, apply...
Michael Burry, known for his bearish stance on AI-related stocks like NVIDIA and CoreWeave, has reduced his short positions by closing December 2026 put options on NVIDIA due to rapid time decay and strong stock performance. Despite this, he maintain...
