Burry Reveals NVIDIA and Palantir Puts
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Palantir Just Exposed Nvidia's Biggest Weakness, Which Should Be on Full Display on Nov. 19 The sky-high addressable opportunity presented by artificial intelligence (AI) has sent shares of Palantir Technologies and Nvidia soaring by 2,870% and 1,260%, respectively, since 2023 began.
The two companies he’s shorting are the ones making all the money, which is super weird,” Alex Karp told CNBC’s “Squawk Box” on Tuesday.
Meanwhile, Veteran analyst Stephen Guilfoyle credits Palantir’s growth to strong fundamentals, noting, “Sales are running wild as are margins. The commercial business is exploding. Cash flows are not just robust; they are enormous. The balance sheet is simply the greatest balance sheet I can remember seeing. The CEO is focused and aggressive.”
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Dow Jones Futures: Amazon, Broadcom, Nvidia, Tesla Are Big Movers; Palantir Rallies On Earnings Beat
Yoshinobu Yamamoto, who pitched six innings in Los Angeles's Game 6 win on Friday night, entered Game 7 with one out in the bottom of the ninth and then worked 2 2/3 scoreless innings to lead the Dodgers to their dramatic victory. He was named the World Series MVP for his heroic efforts, which also included a complete game gem in Game 2.
Palantir Technologies forecast fourth-quarter revenue above analysts' estimates on Monday, as the rapid adoption of artificial intelligence boosts demand for its data analytics services from businesses and governments.
Palantir Technologies (NASDAQ:PLTR) is one of the best stocks to invest in, according to billionaire D.E. Shaw. On October 28, Nvidia and Palantir Technologies (NASDAQ:PLTR) announced a partnership aimed at improving decision-making in logistics and other complex operations.
Palantir's integration with Nvidia's AI tech stack is expected to expand AIP's industrial use in both commercial and government markets. Learn why PLTR stock is a buy.
We recently published Jim Cramer Talked About These 14 Stocks & Discussed AI And Layoffs. Palantir Technologies Inc. (NASDAQ:PLTR) is one of the stocks Jim Cramer recently discussed. Palantir Technologies Inc.