I think I have some explaining to do. I feel it is somewhat necessary at this point. I certainly did not expect the reaction from my "last post" a couple of days ago. That was probably an oversight on my part. I never thought the thread would be sent into chaos as a result. I apologize for that oversight. I am flattered by it, but that was absolutely not my intention. Maybe I should have just not posted anything in retrospect. It was not my intention to get folks riled up and searching for alternatives. Maybe I should have explained or put it differently. So, here it is. I had noticed a few odd things with the site. I had and have some concerns with the site being looked after from a security type function. That was it. I figured I might take a hiatus and do some more research about it. I meant no disrespect to the site administration other than we never get any type of feedback or communication. Maybe they are doing things and it's just none of our business. Same when we thought the site might close down back several months ago. I figured someone might let us know even a bit of info back then. I would have just liked some communication and felt the members deserved some. I don't think that is too much to ask. I do realize from a forum standpoint, we are a small fish in a large pond. I understand that too. Who knows, they may come along and see the disturbance I have caused and kick me out just to show they are doing things. I don't want anyone here to feel as if they have to make a choice. You do not. Certainly, in regard to whether I continue here or not. That is not fair to the posters here. We have a small group, but a good group. This site may run for many years. I don't know any of that info or how long the ship will continue to sail. None of us do I suspect, but the same could be said of any site. This has always been a pretty darned good place. I enjoy it and so do many others. Yes, there are some issues, but we don't control those things. As far as the other site goes. I joined up back in 2025 I think. This was back when we were unsure of this site and wanted a safe plan in place. I have made a few posts over there recently. I want to be very clear. I am not advocating the other site no more than I would go over there and advocate for here. Someone, (blake) mentioned Bogleheads. I have been a member there for a number of years. Still am. Our thread would get locked there in short order, no doubt 100%. That is not a bad thing or a good thing. It's just a different type of site from our open discussion of all things here. All places are different in their own way and offer different perspectives. Again, I am not advocating any particular site. So, I don't think us auctioning off the furniture and prepping an estate sale is necessary at the moment. Do we need to at least have a fire drill if this place ever goes down?? Maybe. Bigbear has on occasion offered his site for just that purpose if needed. I think that was cordial to do so and appreciate it too. By all means, if everyone wants to stay here, don't burn the house down because of my previous post. Lastly, I apologize for the consternation that "post" caused. I should have explained it better. That is it in a nutshell my friends. Nothing more and nothing less.
Thanks SMOKIE. I think I will just stay here for now. At least we know that we have an alternative with BIGBEAR......(thank you BIGBEAR)....if needed.
I had a nice....big gain in my stocks today. Only a single one red....AAPL. AND....a nice beat on the SP500 today.....by 1.16%...... to COMPOUND my big gain.
The gain today takes my entire portfolio back up to....+7.4% for the year. I was just about back down to....ZERO.....a few days ago. this has been a nice little RALLY. LETS BUILD ON IT FROM HERE.
The market today. Dow surges nearly 700 points for record close as Big Tech stocks rise, oil prices slide https://www.cnbc.com/2026/08/02/stock-market-today-live-updates.html
PLTR.....KICKING ASS.....and taking names. Palantir posts blowout Q2 numbers, with U.S. commercial revenue soaring nearly 150% https://www.cnbc.com/2026/08/03/palantir-pltr-earnings-q2-2026.html Palantir topped second-quarter earnings on Monday and more than doubled commercial revenue growth from a year ago. The stock surged 8% after the numbers were released. ....."Here’s how the company did versus LSEG estimates: Earnings per share: 41 cents adj. vs. 35 cents expected Revenue: $1.94 billion vs. $1.80 billion expected Revenue climbed 93% from about $1 billion a year ago. Palantir reported net income of $1.07 billion, or 41 cents per share, compared to about $329 million, or 13 cents per share in the year-ago quarter. “Forget consensus,” CEO Alex Karp told CNBC’s Seema Mody in an exclusive interview. “To my knowledge, no businesses at our scale has even grown half this much.”"..... Is this finally good enough....lets hope so. Where is the impact of AI......right here.
SO REFRESHING to see a CEO that believes in their company and has the GUTS to say what they think. From the PLTR CEO: BOLD IS MINE. "A global movement is emerging. The revolution for independence and AI sovereignty is now well underway. Every organization in the world is awakening to the risks of handing the creators of the language models the keys to their institutions, of letting the models loose within their homes. The demand from our partners is clear. It is for control over data, the prompts that the models ingest, and more fundamentally the organizational and business intelligence, their alpha, that the language labs are not only ready and willing, but structurally designed to capture from their customers. The models have grown and thrived by essentially ingesting the entire written work product of our civilization. And those models, as well as their creators, now have their sights set on global industry. We have been the beneficiaries of the revolt that is underway against submission to this way of working. Our customers have declined to become vassal states of the language labs. And the market is now shifting dramatically underfoot. II. Our business is compounding at a rate and scale that we have never before witnessed. We generated $1.9 billion in revenue for the second quarter of the year—another record in our company’s two decades of operations, reflecting a 93% growth rate over the same period the year before. Our entire business nearly doubled in the span of twelve months. And our record revenue has been accompanied by yet another record in quarterly profits. We generated $1.1 billion in profit in the second quarter of the year—an astonishing level of proceeds that for many on the outside, and even to some internally, would have been unthinkable only a few years ago. Put simply, we have now generated more profit in a single quarter than we did in total revenue in the same period the year before. And the core of our business, in the United States, continues to expand at an unrelenting and breakneck pace. We generated a record $1.6 billion in revenue for the second quarter in the United States, representing a 115% increase over the same period last year. We generated a record $764 million in U.S. commercial revenue this quarter—a 149% year-over-year increase. Such an achievement would be cause for astonishment in any business; for one of our size, scale, and consequence, it is simply staggering. On a quarter-by-quarter basis, our U.S. commercial business grew 28%. Such growth—indeed, such acceleration—gives the impression that what others might require a year or even longer to achieve, we can do in 90 days. And it must be noted that we have achieved these results with a miniscule and shrinking sales headcount, another way in which we have discarded conventional wisdom in favor of our own, unique path. While our U.S. commercial business is on fire, we believe it is nonetheless just nascent. III. The model of our business is straightforward. We are paid, and have always aspired to be paid, as a derivative of value creation. Our results represent a subset of the economic value that our software has created for our customers. We do not get paid for clicks or tokens or chats. The gamification of the most significant development in modern economic history seems to us misplaced. The usage of a platform may hint at its value but is by no means dispositive. And many are now finding out that consumption and usage alone often have little or nothing to do with the production of results. There are Marxist overtones and undertones to our business. Others, including many of those building large language models, intend, knowingly or otherwise, to capture the means of production of their purported partners. The limitations and faults of the token industrial complex, which has threatened to overtake and dominate the world economy, have increasingly been exposed. We have always declined, and will continue to decline, entering into a parasitic relationship with our partners. It is true that our approach has diverged sharply from the market in this regard. And yet we are one of the few companies in the technology industry that is fully aligned with its customers. Sincerely, Alex Karp Co-Founder & Chief Executive Officer Palantir Technologies Inc. MY COMMENT AMEN......on steroids. These results are ICONIC and EPIC. NO other company is doing this sort of earnings quarter after quarter.......and....no other company is so DISRESPECTED. ALEX KARP.......I salute you....for your GUTS and your performance as CEO. BRAVO.
At this moment....PLTR....up by +12.15%....after hours. BUT...remember....after house trading and futures....mean NOTHING. Tomorrow when the real markets open will tell the story.
