#palantir

#palantir

Markets are still concerned that AI valuations are stretched. Leading recent AI losses, Palantir ( NASDAQ: PLTR) dropped, even after beating earnings estimates with solid guidance to boot. EPS of 21 cents beat estimates of 17 cents. Revenue of $1.18 billion was above estimates of $1.09 billion. While impressive, the market has become nervous about Palantir's valuation - especially as it trades at 200x forward earnings.

Karp notes that while the company has "grown quite significantly," it has kept to its "constraints." "Our head count is one manifestation of this disciplined approach," Karp wrote in the letter to shareholders. "The casual expansion of our ranks would have diminished the need to lean even more heavily on the strength of our software and the Ontology and to ensure their continued maturation.

the first company to be completely anti-woke

Palantir said on Thursday it had struck a partnership with Lumen Technologies that will see the telecommunications company using the data management company's AI software to build capabilities to support enterprise AI services. The companies are calling the deal "a multi-year, multi-million-dollar strategic partnership," but Bloomberg reports, citing anonymous sources, that Lumen is going to invest more than $200 million in Palantir over several years.

Such valuations are almost unheard of when you discount smaller companies. In the same vein, expanding the earnings multiple from here is going to be an uphill battle. Palantir managed to fight its way upwards by posting one stellar earnings beat after another. In Q2 2024, it beat revenue estimates by 3.99%, with a 3.17% beat the next quarter, and a stellar 6.65% beat to finish off the year.

Palantir plans to make the UK its European HQ for defense. The move will create up to 350 new jobs, an official announcement stated. The data analytics company, founded with cash from the CIA-backed investment fund In-Q-Tel, has attracted controversy by providing digital profiling tools for the CIA and US immigration agency ICE. None of that was about to stop the UK from diving into bed with Palantir, though.

As skilled workers become essential to tech companies like his own, Karp thinks they'll also get more expensive. "Artist-shaped people are going to be incredibly valuable, and they're going to demand to be very highly paid," he added. (Karp and Palantir employees sometimes refer to the company's culture as "an artist colony.") And after an AI frenzy of a summer, higher pay isn't all that surprising.

An organizer, wearing a keffiyeh and a shirt reading "Divest from Genocide," stood on a table: "We're all standing here today to hold companies like Palantir and Microsoft accountable for their role powering the world's first AI-assisted genocide." Behind them, nearly 100 activists from Jewish Voice for Peace filled the lobby of Palantir's Seattle offices on July 14, 2025. Activists carried banners featuring giant eyes with yellow irises: "First Palantir Surveils, then IDF Kills." "First Palantir Tracks, then ICE attacks."

Palantir Technologies, cofounded by Peter Thiel, collaborates with agencies such as ICE and the US Department of Defense and has provoked worldwide protests due to its controversial partnerships.

Meta Platforms is leveraging artificial intelligence to enhance its advertising technology, positioning itself as a leader in both that field and the emerging smart glasses market.

Shares of Palantir (NASDAQ:PLTR) have rocketed over 830% in the last two years, and this multi-year rally is showing no signs of slowing down.

Insider selling at Nvidia reflects a normal routine, primarily for personal financial needs, with little impact on the company’s strong AI position.

"If he hasn't stepped over the line, he's just on the verge of it," Virginia Canter, counsel for ethics and anticorruption at Democracy Defenders Fund, told the Project on Government Oversight.