$PLTR
Woah.
The Department of War is saying that after the Maduro Raid, Anthropic called Palantir and asked if their models had been used to help with the operation. Anthropic was not happy about their tech being involved.
Palantir then lets the DoW know about this because of the concerns Anthropic was bringing up which leads to the entire fall out as the DoW gets pissed off that Anthropic is trying to investigate highly classified information and essentially boss them around on how to use the tech.
This is pretty incredible but it once again reinforces something that most of the shorts don't really understand: Palantir is the most important software in the world and involved in almost every major geopolitical event.
Does that mean it will trade at a premium? Yes, but if valuation was the only concern, then it would have been very easy to always find an issue with Palantir. There is a much, much deeper story.
Anthropic's models orchestrated through Palantir's software is what allowed the government to successfully execute Midnight Hammer, if Claude leaves the picture...guess what doesn't? Palantir. Their environment will still be the structure by which any new model gets deployed and that is where ALL the value comes from, along with their ability to actually work highly classified and regulated environments with mission critical situations.
The market seems to be recognizing that again as Palantir gets above $150.
The White House and Trump administration, via Donald Trump, have just released a video saying they have attacked Iran and "defend the American people and eliminating the Iranian regime...a vicious group of very hard, terrible people".
Palantir $PLTR CEO Alex Karp said:
“With a lot of our companies, we can take out up to 80% of your costs, and improve your top line dramatically.” … “5 years ago, that would take us a year. Now it could take a week.” (H/T @jawwwn_)
$PLTR
PALANTIR HITS $1B IN REVENUE FOR THE FIRST TIME EVER IN Q2.
- $1B revenues, +48% YoY
- $733M US revenues, +68% YoY
- $553M government revenues, +49% YoY
- 849 customers, +43% YoY
- Raised guidance to $4.1B, +45% YoY
- 46% adj. operating margins, +24% YoY
- Closed 157 deals of at least $1M
- Rule of 40 of 94%
- $6B in cash
CEO Alex Karp's statement:
"Just tell the haters: read 'em and weep."
Speechless.
Happy Memorial Day 🇺🇸
The older I get, the more I realize that my ability to even have a chance at chasing the American dream is because people much braver than me gave up their lives for me to have that freedom.
It’s quite emotional as I’ve grown older — you realize how many opportunities this country provides you and how much freedom you truly have compared to those around the world.
It reminds you that freedom isn’t free and the values that the US believes in are only secure because people fought to protect those values. There is no free speech or ability to take risks and chase a dream if there aren’t people who fought to allow you the opportunity to be a sovereign individual.
Incredibly grateful for this country & the men and women that put their life on the line to continue protecting us 🇺🇸