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PLTR Jan 2025 3.000 call
| Previous close | 22.05 |
| Open | 22.05 |
| Bid | 0.00 |
| Ask | 0.00 |
| Strike | 3.00 |
| Expiry date | 2025-01-17 |
| Day's range | 20.60 - 22.05 |
| Contract range | N/A |
| Volume | |
| Open interest | 1.67k |
- 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
- Reuters
US STOCKS-Wall St set to stall at open after recent run
U.S. stock index futures indicated a mixed open on Tuesday after recent gains on expectations that the Federal Reserve will cut interest rates this year, as shares of Walt Disney slid following quarterly results. Walt Disney fell 5.1% in premarket trading, as a surprise profit in its streaming entertainment division was eclipsed by a drop in its traditional TV business and weaker box office.
Barrons.comPalantir Earnings Crush Estimates. Why the Stock Is Getting Crushed.
Palantir followed up its “bombastic” December quarter with even better results for the March quarter as the data analytics software company continued to gain traction with its artificial-intelligence tools in particular with U.S. commercial customers. For the March quarter, Palantir posted revenue of $634 million, up 21% from a year ago, and ahead of both the company’s guidance range of $612 million to $616 million and Wall Street’s consensus of $615 million as tracked by FactSet. Adjusted operating income was $226 million, well ahead of Palantir’s forecast of $196 million to $200 million.
