A Jefferies analyst thinks Palantir’s large base of retail-investor support ‘is a double-edged sword’ By  Emily BaryFollow Published: Nov. 7, 2024 at 9:46 a.m. ET Palantir reported upbeat earnings earlier this week.PHOTO: PATRICK T. FALLON/AGENCE FRANCE-PRESSE/GETTY IMAGES Referenced Symbols Palantir Technologies Inc.’s stock has drawn a number of downgrades this year, with skeptics arguing that the enterprise-software name carries an expensive valuation.  So far, that concern hasn’t dampened Palantir’s PLTR-1.94% stock momentum, however, with shares closing at a fresh record Wednesday, up 234% on the year to rank second in the S&P 500 SPX0.64% for the year.  But Jefferies analyst Brent Thill is the latest analyst … Continue reading Palantir’s stock racks up new bearish call on its ‘unsustainable’ valuation

November 07, 2024 06:59 AM Eastern Standard Time DENVER–(BUSINESS WIRE)–Anthropic and Palantir Technologies Inc. (NYSE: PLTR) today announced a partnership with Amazon Web Services (AWS) to provide U.S. intelligence and defense agencies access to the Claude 3 and 3.5 family of models on AWS. This partnership allows for an integrated suite of technology to operationalize the use of Claude within Palantir’s AI Platform (AIP) while leveraging the security, agility, flexibility, and sustainability benefits provided by AWS. “We are excited to partner with Anthropic and Palantir and offer new generative AI capabilities that will drive innovation across the public sector. At … Continue reading Anthropic and Palantir Partner to Bring Claude AI Models to AWS for U.S. Government Intelligence and Defense Operations

The European Court of Auditors Highlights Urgent Need for Action as Europe Falls Behind in Technological Innovation The ECA stresses that while the European Commission has taken important steps toward developing a strong AI ecosystem, significant challenges remain. Without addressing these key areas, the EU risks falling behind global leaders in AI innovation and missing out on the associated economic and societal benefits. ​By Paolo Licandro​BRUSSELS, November 6, 2024 – 4 MINUTES READ The EU Court of Auditors (ECA) wrote a recommendation on EU strategy on Artificial Intelligence (A.I.). It is evident to everyone that Europe is once again chasing yet another technological revolution … Continue reading Europe Must Rethink its Strategy for AI

Nov. 06, 2024 1:45 AM ETPalantir Technologies Inc. (PLTR) Stock7 Comments John Bowman 2.58K FollowersPlay (10min) Summary hapabapa Introduction I first recommended Palantir Technologies Inc. (NYSE:PLTR) back in June with a buy rating, when I wrote Don’t Underestimate Palantir’s B2B Prowess. Since then, the stock has more than doubled. Seeking Alpha I am personally long Palantir; I bought in shortly after the article was published, and am also up over 100% since then. However, I’m not necessarily here to gloat, but to cover Palantir’s Q3 earnings report, which was released this week, and resulted in a resounding approval from the market. Data by YCharts That … Continue reading Palantir Is Still Full Of Potential (Rating Upgrade)

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