NICE.....RG. A lot of good analysis in that commentary. What I dont hear mentioned much about PLTR......and which I think is behind all their success is.....MANAGEMENT. When you hear their management talk they are different.....when you read what they put out....they are different. They are competent and confident and sometimes bordering on arrogant. They are very competitive and unabashedly patriotic. They make no bones about being very aggressive in going after private and government business. They have and express HUGE goals. They are not afraid to go after that they want. The quote at the end of your commentary above is....classic PLTR management. They are critically connected in and to Silicon Valley royalty.....people that have proven many times that they know how to start and grow a company. The people behind PLTR know how to put good management in place. The whole team is Peter Thiel people. They know how to work together and they know how to run a business. RG...your commentary above states: "The core reason for excitement on Wall Street is growth. Palantir can’t control how the market values it, but they can control growth." With the proven management that is in place at PLTR.....I am not concerned about valuation.....(famous last words)....this management team will....push and compete.... to grow into that market value. At this point they are a.....PROVEN WINNER......against the odds. I like to invest in WINNERS.....and what I see with this company and the management is....WINNERS. people that know how to win and have a long history of doing so. So I will continue to go along for the ride and see how it goes. There will likely be bumps along the way.....but.....winners.....win. What I see with this company is a lot of high level, tough, DRIVEN PEOPLE, that refuse to lose.
Here is a good example of what I am talking about above. I can find all the fundamentals and numbers all over the internet.....but....this is what I like to see and hear.....leadership with PASSION to WIN. Palantir, the AI giant that preaches U.S. dominance https://japantoday.com/category/tech/palantir-the-ai-giant-that-preaches-us-dominance (BOLD is my opinion OR what I consider important content) "PALO ALTO, Calif Palantir, an American data analysis and artificial intelligence company, has emerged as Silicon Valley's latest tech darling -- one that makes no secret of its macho, America-first ethos now ascendant in Trump-era tech culture. The company's reach spans the global economy, with banks, hospitals, the U.S. government, and the Israeli military among its ever-expanding client roster. "We want and need this country to be the strongest, most important country in the world," Alex Karp, Palantir's CEO, recently declared at a client conference in Palo Alto, California, where AFP was the only media outlet present. In armed conflicts -- most notably in Ukraine -- Palantir's tools help evaluate potential targets in real-time, using multiple sources, including biometric data and intercepted phone calls. "I'm super proud of... what we do to protect our soldiers... (using our AI) to kill our enemies and scare them, because they know they will be killed," the graying, curly-haired billionaire continued, wearing a tight white T-shirt. Washington has been filling Palantir's coffers. In the first quarter, the company received $373 million from the U.S. government -- a 45 percent jump from the previous year -- and it's not all military spending. This spring, federal immigration authorities (ICE) awarded the company a $30 million contract to develop a new platform for tracking deportations and visa overstays. The company then secured an investment of nearly $800 million from the U.S. military, adding to the $480 million contract signed in May 2024 for its AI platform supporting the Pentagon's "Project Maven" target identification program. This marked Palantir's first billion-dollar contract, elevating it alongside government contracting stalwarts like Microsoft and Amazon's AWS. However, financial results "are not and will never be the ultimate measure of the value, broadly defined, of our business," Karp wrote in his letter to shareholders in early May, where he tossed in quotes from Saint Augustine, the Bible and Richard Nixon. "We have grander and more idiosyncratic aims." Palantir was founded in 2003 by Peter Thiel -- Silicon Valley's preeminent conservative -- Karp, and others with CIA backing. The company takes its name from the magical seeing stones in Tolkien's "Lord of the Rings." "Young people would say we're like pure drugs -- very expensive, highly sought after... that make you stronger and better," Karp boasted on stage. Palantir's expanding footprint at the highest levels of government has raised eyebrows. Several members of the Trump administration's "DOGE" cost-cutting commission, originally headed by Elon Musk, came from the company. Recent reports from The New York Times, Wired, and CNN have detailed secret government projects to create, with Palantir's help, a central database combining data from different federal agencies. This development has created "a lot of concerns about how that information might be used," warned Elizabeth Laird from the Center for Democracy & Technology. Palantir maintains it isn't building "surveillance technology" or a "central database on Americans." Unlike most traditional Silicon Valley companies that have kept military projects discreet, Palantir now embraces its defense work openly. Sasha Spivak, director of strategy, said that when she joined Palantir ten years ago, the company kept its sense of purpose behind closed doors. "Today we're not ashamed, we're not afraid, and we're deeply proud of what we do and our clients," said Spivak. Some employee groups are pushing back. In early May, 13 former Palantir employees published a letter accusing tech giants of helping to "normalize authoritarianism under the cover of a 'revolution' led by oligarchs." They argue that by supporting the Trump administration and DOGE, Palantir has betrayed its stated values of ethics, transparency, and defending democracy. "When I joined the company... there were many smart, motivated people -- that's pretty rare," said one of the letter’s signatories, who wishes to remain anonymous, for fear of reprisal. After months of seeking management explanations about Palantir's collaboration with Israel and ICE, several of these employees resigned. "They said, 'We're a company that's very responsive to employees,' but people asking about Israel were quickly shut down and told, 'That's what we do -- if you don't like it, you can leave,'" the former staffer recalled. Jeremy David, co-director of the Health division, plays down the controversies. "My daily life is more about nurses and doctors who often hate us at first and are very grateful at the end," he told AFP at the conference. On stage, Joe Bonanno, head of data analysis at Citibank, celebrated how one operation that previously required "nine days and sometimes 50 people" now "takes just a few minutes for one person." "Like I said, and like Alex said, I came to dominate, crush and annihilate. So if you're JPMorgan, Merrill Lynch, Morgan Stanley, sorry," he concluded with a broad smile. Some potential clients quietly admit they don't appreciate the war-like rhetoric, but they see no alternative to Palantir's capabilities." MY COMMENT SO.....this company is like a young big mouth Joe Namath.....or a young confident brash Cassius Clay (Muhammad Ali) . People underestimate them and dont understand their confidence and big talk. But in the end they back it up and......WIN.
There you go.....RG and I....have basically set-up....or you could say teed-up.... the PLTR earnings tomorrow. Although some might say we have now JINXED them.
To be completly honest considering "the way ahead" I can foreseen for PLTR, even if we see a strong correction in coming days, I will just use it to increase my position adding another lot. I can do it without outbalancing significantly remaning positions. Yesterday I was checking my IRS files from 2020's...etc and noted that back in 2021 I was trading (not investing) PLTR already...trading, I repeat not investing sadly (it was in her low 20´s back then).
OK.....a good general article to start out the day. This is the sort of repetition and information that I like. As an investor if you dont understand the BIG PICTURE probabilities....you will never win....long term. Iron Laws of the Stock Market https://awealthofcommonsense.com/2025/08/iron-laws-of-the-stock-market/ (BOLD is my opinion OR what I consider important content) "A podcast listener asks: If there are no iron laws in markets and nothing works forever as an indicator, perhaps studying the stock market is useless? There are no if-then rules that apply to the stock market that work every time. If that were the case, everyone would do them, and investing would be easy. I said nothing works all the time, that doesn’t mean nothing ever works. Studying stock market history shows you that although the future doesn’t always look exactly like the past, some general rules of thumb can help you be a better investor when applied through a consistent process. Here are some of my iron laws of the stock market (even if they don’t work all the time): Volatility is mean-reverting. Periods of high volatility are inevitably followed by periods of low volatility and vice versa. The stock market wouldn’t offer a risk premium over other asset classes without some volatility, but it can’t last forever. Good leads to bad and bad leads to good…eventually. It has to be this way or the stock market would cease to exist in its current state. Buy when the stock market crashes. I love stock market crashes because it means you get to invest at lower prices, lower valuations and higher dividend yields. And that usually means higher forward returns. Can you time the bottom? No. Could the market crash even further? Sure. What if it never comes back? If that happens, we’ll have much bigger problems on our hands. Diversification is your best hedge against extreme events. Most stocks stink. A small share of stocks accounts for the majority of the gains in the long run. Many stocks crash and never come back. Some country stock markets have performed terribly for decades at a time. The best way to avoid catastrophic losses and survive the stock market is by diversifying your holdings across different geographies, market caps, sectors and the number of stocks you own. Diversification doesn’t guarantee you incredible results but it does help you stay in the game. Your biggest edge is not data-driven but behavioral. Don’t try to outsmart the market. Try to avoid outsmarting yourself. The stock market has to crash sometimes. This is a feature, not a bug: No pain, no gain. The market is hard to beat. It can be done. Most people cannot do it. Invest accordingly. Risk never completely goes away. There are trade-offs with every investment stance. If you put all of your money in stocks, your expected returns go up, but so does your chance of large losses and bone-crushing volatility. If you put all of your money in cash, you can sidestep losses and volatility, but your expected returns go down. If you have a balanced portfolio, you’re always going to be annoyed with certain strategies or asset classes when they underperform. Risk changes shape but is never extinguished. Mean reversion and momentum are here to stay. Some investors hold into losing stocks in hopes they will come back to their original price. Others double-down on the stocks that are going up and trim the losers. Some investors underreact to market-moving events while others overreact. Some go with the crowd while others are perma-contrarians. Fear, greed, overconfidence, recency, and confirmation bias can lead investors to pile into and out of winning and losing stocks all at once. Human nature means the pendulum swings from one set of emotions to another depending on the price action. Trees can grow to be very tall but they don’t grow to the sky so mean reversion and momentum will always be with us in some fashion. Extending your time horizon increases your odds of success. The stock market is the best casino on Earth because your odds of success increase the longer you stay invested. Markets eventually punish certainty. No one has it all figured out. Once you think you do the market reminds you there is no such thing as easy money." MY COMMENT Most of the above is not complex.....it is pretty simple really. BUT....what keeps most people from being able to practice the above is human behavior and emotion. As I have said in the past....it is extremely difficult for humans to do something that is simple.....the complexity creeps in and suddenly.....BOOM....you are not achieving what you did in the past. It takes.....FOCUS.....and.....BELIEF....in what you are doing and how you are doing it.
A great little company....if you know their products. I am posting this simply because I used their products and they were an exceptional company....in other words nostalgia. Of course they are being acquired......and/so....I am not recommending them. I speak as a consumer. When I was a business owner we used their products...especially their filing cabinets. Their cabinets were way stronger and far above any other product. I still have one of their five drawer, heavy-duty, file cabinets in a closet that I use for personal papers. I remember one time I hit the jackpot. A big department store in my area was closing down one of their locations. As a result they were selling off their office furnishings. I was able to buy six matching Steelcase filing cabinets for peanuts. Their products were indestructible, extremely heavy-duty, and never failed. Steelcase Stock Skyrockets as Office Furniture Company Agrees to Sale https://stockaholics.net/threads/the-long-term-investor.6179/page-1267
Here is the other side of the PLTR story today. Palantir’s Ultra-Expensive Valuation Sparks Worry Into Results https://finance.yahoo.com/news/palantir-ultra-expensive-valuation-sparks-103000777.html MY COMMENT This is NOT a stock to run out and buy just because you see a lot of people making big money from the shares. It is a very aggressive and highly priced business. It is probably not suitable for investors with low risk tolerance......perhaps even medium risk tolerance. AND.....EVERYONE.....overestimates their risk tolerance. SO....if you are considering this stock.....do your research......and be willing to take the RISK.
We are in a nice rally to open the day. Here is the markets so far. Stocks bounce after Friday’s sell-off, Dow trades 300 points higher https://www.cnbc.com/2025/08/03/stock-market-today-live-updates.html (BOLD is my opinion OR what I consider important content) "Stocks climbed Monday as investors clawed back the steep losses seen in the previous session that were sparked by concerns over the economy and a new round of tariffs from the Trump administration. The Dow Jones Industrial Average gained 350 points, or 0.8%. The S&P 500 climbed 1.1%, and the Nasdaq Composite advanced 1.6%, thanks to a 2% gain in Tesla. “Markets are rebounding after the post-jobs slump on Friday, but sentiment turned notably last week as investors were forced to confront stagflationary economic data (soft jobs and the relatively hot PCE) and a CQ2 earnings season that finished off on a mixed note after starting strong,” wrote Adam Crisafulli of Vital Knowledge. “Bulls are far from being defeated, and continue to hold a grip on the narrative, but will require affirmation to regain confidence,” he added. Stocks sold off on Friday after a weaker-than-expected jobs report that featured heavy revisions to May and June employment figures. Soon after the release, President Donald Trump fired the head of the Bureau of Labor Statistics. Trump on later said he’d be naming a new BLS commissioner in the coming days. Jitters about Trump’s new modified tariff rates further rattled markets. Trump signed an executive order late last week that updated his “reciprocal” tariffs on dozens of U.S. trading partners, ranging from Syria to Taiwan, with updated duties ranging from 10% to 41%. With little on the economic data front this week, investors will be eyeing any trade developments between the U.S. and China after senior officials from both countries met in Stockholm, Sweden, last week. Treasury Secretary Scott Bessent told CNBC Thursday that “we have the makings of a deal.” Investors are also looking ahead to new earnings releases for this week. Palantir is set to post results after the close Monday, and AMD is slated to report Tuesday. The market is bracing for a historically weak month. August is the worst month for the Dow Jones Industrial Average in data going back to 1988, and the second worst for the S&P 500 and Nasdaq Composite, according to the Stock Trader’s Almanac." MY COMMENT The last first.....I dont care about historic market superstition. Whether a month or two is historically weak is irrelevant to me.....since I am NOT a shot term trader. We are seeing the......"retail investors"....jumping in today. After the dip on Friday it is obvious that the long term retail investors are at it once again....buying the dip. As usual....it is the battle for the soul of the markets between the traders and the long term investors. Unfortunately the day to day media is focused on.....TRADING.....and the short term. They require day to day clicks to survive.
I have not looked yet today.....but....I know I have only a single stock in the RED....AMZN. My "feel" for the markets and my portfolio tells me that I have made back a lot of what I lost on Friday....but....I suspect that I have not made it all back yet. It is a low news and low energy week this week. We could see some market moves driven by low volume. The Wall Street professionals and East Coast ELITES are heading out to their vacation homes soon. They will return after Labor Day. Good riddance. Unfortunately this annual migration is not as strong as it used to be.
I see a lot of FLUFF articles and DRAMA-QUEENS talking about the firing of the BLS Chief. I dont care about the drama laden story line of the numbers being manipulated. Who knows.....who cares. BUT what I do care about is INCOMPETENCE. I think anyone that is head of a critical AGENCY that produces data that is relied on by financial professionals, banks, investors, the FED, and others around the world....that can NOT produce accurate data..... should be FIRED. The BLS has one job....produce accurate, reliable, labor and jobs data. For years and years now we have seen this data being extremely suspect. Massive revisions. This data is often OFF by 85% or more. This would NEVER be tolerated in private business. if the data is OFF.....fix the problem. There is simply.....NO EXCUSE....for not fixing the problem when you consider the AI that we now have, the complex and massive computing power that we now have, and all the ability that we now have to acquire data and do statistical analysis. I TOTALLY agree with the head of the BLS being responsible for the failure of their agency to produce accurate data.....but not for political reasons......as is the topic of rampant discussion all over the media. FAILURE....should not be rewarded. This agency has one job....produce accurate data. If it can NOT do so....there needs to be a change in the leadership. In the private business world....can you imagine a CEO being retained if they were constantly FAILING in their job at a level of.....50% to 90%......inaccuracy and inability to produce product?
OK......that is about it so far today. We are seeing a HUGE RALLY.....on a no-news day. The big item of interest today.....PLTR earnings....will happen after the market closes. Time for me to go check on my portfolio. I also have to do my annual phone-dance with SirusXM....for my car SAT radio renewal. I pay about $6 per month per car. Their list rate is about $25 per month....but no one pays that rate.
$PLTR 883 million quarterly. $NVO 78 billion quarterly see the price difference and undervalued extremely one.
Well.....HELLO....booming market. I see that I have now gained back all that I lost last Friday. BOOM! I am seeing some good gains in most of my stocks today. MSFT +2.55% HD +1.82% PLTR +4.06% NVDA +3.23% GOOGL +2.87% WMT +1,14% AAPL +0.54% AMZN and COST....are red at the moment. I thought I would come back from lunch and find that the markets had FADED.....but no they are up more than earlier today. NICE. SHOW ME THE MONEY. I have a shot at a new all time high today.
With some NVO comments in here lately....I note this......OLD news from August 1. Manufacturing issues at Novo facility disrupt Regeneron drug review https://finance.yahoo.com/news/manufacturing-issues-novo-facility-disrupt-113637316.html A review of NVO news lately does reveal a large number of negative news items.....and the stock is down by 40% over the past six months and 44% YTD. It is down by 61% over one year. So either a TRADING opportunity over the medium term or.......a FALLING KNIFE....or both. Either way NOT a gamble that I would take....but to each their own.
BOOM.......POW.....BASH.....BAM.....Batman. Palantir tops $1 billion in revenue for the first time, boosts guidance https://www.cnbc.com/2025/08/04/palantir-pltr-q2-earnings-2025.html (BOLD is my opinion OR what I consider important content) "Key Points Palantir topped Wall Street’s estimates and hiked its full-year guidance due to the AI boom. The artificial intelligence software provider’s revenues grew 48% during the period and hit $1 billion for the first time. The software analytics company has seen a boost from President Donald Trump’s focus on cutting government costs. Palantir topped Wall Street’s estimates Monday, surpassing $1 billion in quarterly revenue for the first time, and hiking its full-year guidance. Here’s how the company did versus LSEG estimates: Earnings per share: 16 cents adj. vs. 14 cents expected Revenue: $1.00 billion vs. $940 million expected The artificial intelligence software provider’s revenues grew 48% during the period. Analysts hadn’t expected the $1 billion revenue benchmark from the Denver-based company until the fourth quarter of this year. “The growth rate of our business has accelerated radically, after years of investment on our part and derision by some,” wrote CEO Alex Karp in a letter to shareholders. “The skeptics are admittedly fewer now, having been defanged and bent into a kind of submission.” The software analytics company also boosted its full-year outlook guidance. For the full year, Palantir now expects revenues to range between $4.142 billion and $4.150 billion, up from prior guidance of $3.89 billion to $3.90 billion. For the third quarter, Palantir forecast revenues between $1.083 billion and $1.087 billion, beating an analyst estimate of $983 million. Palantir also lifted its operating income and full-year free cash flow guidance. Palantir’s U.S. revenues jumped 68% from a year ago to $733 million, while U.S. commercial revenues nearly doubled from a year ago to $306 million. The software analytics company has seen a boost from President Donald Trump’s government efficiency campaign, which included layoffs and contract cuts. Palantir’s U.S. government revenues jumped 53% from the year-ago period to $426 million. “It has been a steep and upward climb — an ascent that is a reflection of the remarkable confluence of the arrival of language models, the chips necessary to power them, and our software infrastructure,” Karp wrote in a letter to shareholders. During the quarter, Palantir said it closed 66 deals of at least $5 million and 42 deals totaling at least $10 million. Total value of its contracts grew 140% from last year to $2.27 billion. Net income rose 144% to about $326.7 million, or 13 cents a share, from about $134.1 million, or 6 cents per share a year ago. Palantir shares have more than doubled this year as investors bet on the company’s AI tools and contract agreements with governments. Its market value has accelerated past $379 billion and into the list of top 20 most valuable U.S companies, surpassing Salesforce, IBM and Cisco to join the top 10 U.S. tech companies by market cap. Shares hit a new high Monday. At its size, buying the stock requires investors to pay hefty multiples. Shares currently trade 276 times forward earnings, according to FactSet. Tesla is the only other top 20 with a triple-digit ratio at 177." MY COMMENT KILLER earnings....but the WALL STREET professionals hate this stock and will probably find some reason to pooh-poo it. What I find AMAZING is that Private business is now closing in on government income. AMAZINGLY....they hit ONE BILLION in Revenue a quarter earlier than expected.
HERE is the PLTR CEO letter to shareholders. Letter to Shareholders https://www.palantir.com/q2-2025-letter/en/ (BOLD is mine) "August 4, 2025 "All the value in the market is going to go to chips and what we call ontology." - Alexander C. Karp, June 6, 2024 I. This is still only the beginning of something much larger and, we believe, even more significant. Our overall business generated more than $1 billion in revenue for the second quarter of the year, a stunning 48% increase over the same period the year before, as we reach an annual run rate of more than four billion dollars. The growth rate of our business has accelerated radically, after years of investment on our part and derision by some. The skeptics are admittedly fewer now, having been defanged and bent into a kind of submission. Yet we see no reason to pause, to relent, here. It has been a steep and upward climb—an ascent that is a reflection of the remarkable confluence of the arrival of language models, the chips necessary to power them, and our software infrastructure, one that allows organizations to tether the power of artificial intelligence to objects and relationships in the real world. And our U.S. commercial business—the emerging core of Palantir and the seed of what an entire industry will become, perhaps the world’s most dominant, in the years to come—nearly doubled in twelve months, generating $306 million in revenue last quarter, representing a 93% increase from $159 million the year before. For a startup, even one only a thousandth of our size, this growth rate would be striking, the talk of the town. For a business of our scale, however, it is, we continue to believe, nearly without precedent or comparison. The software industry for years was judged by what many called the Rule of 40—the view that the sum of the rate of growth in the revenue generated by a compelling software firm plus its profit margin should be greater than 40%. Ours is now 94%. With continued execution, and a focus on what matters and a near complete disinterest in what does not, we believe that Palantir will become the dominant software company of the future. And the market is now waking up to this reality. II. The reasons for our increasingly precipitous rise are many. But principal among them is our willingness to foster an unapologetically specific culture within this artist colony of a company—to allow for plenty of friction and disagreement across a range of domains yet remain unwaveringly committed to a set of values and an approach to building. It is this culture that gave rise to the Ontology, Forward Deployed Engineers, Foundry, and Maven Smart System—all of which have already changed the course of human history. Terms and titles that we casually coined decades ago are now widespread; some have even been adopted by companies which seek to mimic our impact and ascent. Similarly, in the United States, the most consequential country in the West, it is the culture that enables companies like ours to come into existence—and excel. It must be protected. The United States is not, and should not be permitted to become, a soft compromise and amalgam of global values and tastes. A reticence or perhaps incapacity to pronounce and to prefer, beyond the shallow and ritualistic shaming of others in the public sphere that masquerades as thought, has had costs. A fuller statement of the causes and consequences of this reticence is set forth in The Technological Republic. In short, however, a tolerance of everything, a shallow embrace of all views and perspectives as equally valid, often and unfortunately devolves into a belief in nothing. In The Abolition of Man, published in 1943, C.S. Lewis warned us of “men without chests,” those who were never permitted an opportunity to develop an interior life of sentiment and emotion, of some devotion, indeed, and attachment to the inexplicable and perhaps indefensible. “For every one pupil who needs to be guarded from a weak excess of sensibility,” Lewis wrote, “there are three who need to be awakened from the slumber of cold vulgarity.” Such men without chests promise to shepherd us forward yet lack much substance and content, even a flicker of an animating worldview or belief structure, other than their own self-preservation and advancement. They are little more than administrative caretakers, who have been taught to fear belief and sentiment; some claim to be part of a struggle, but their identity is often merely oppositional. In the end, they are hollow and stand at a lonely distance from the world. Sincerely, Alexander C. Karp Chief Executive Officer & Co-Founder Palantir Technologies Inc. MY COMMENT CLASSIC PLTR talk. I mentioned this in a post above. I love a company that is not afraid to WIN...over and over and over......and....has the GUTS to see reality and call it like it is. Great management in action.
Up nearly 5% after hours on top of being up by just over 4% today. YES.....we are having fun now. BUT.....I dont discount the Wall Street morons/traders driving the stock down tomorrow on some made up BS. if I have to choose to ride with the little....."retail investors"....or the big boy professionals....on this one I am locked in with my fellow "little people". I just LOVE IT when the professionals get their nose rubbed in it. it does not happen enough...... but when it does....ENJOY RIDING THE LONG TERM WAVE.....in a world of traders and short term speculators.
Here is a bit more. Palantir stock surges after company reports first billion-dollar quarter https://finance.yahoo.com/news/pala...s-first-billion-dollar-quarter-201043179.html Hopefully this is just the start of many, many,....BILLION DOLLAR....quarters to come. Please.....EXCUSSSSSSEEEEEE MEEEEEE.....for the positivity and celebration.
