At last, some AI revenue numbers that could help put things into some proper perspective for AI company. Hope it has a knock on effect for the other AI related stocks.
Palantir Surges 14% After Hours — Do the Bears Finally Concede?
Palantir +2.10% Monday, +14.25% after hours on revenue of $1.935B (+93% year-over-year), adjusted EPS $0.41, commercial revenue up ~150%. Snap reported the same night: revenue $1.599B (+19%), net loss narrowed from $263M to $164M, shares +7.46% intraday and +7.74% after hours. Burry has closed half his PLTR short; Duan Yongping keeps selling puts to build exposure. When the bear trims and the value buyer adds on the same name, is that AI software's earnings inflection — or just two people managing risk?
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
Comments