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.
Palantir stock sold off after earnings despite solid results, while comments from bank CEOs have raised concerns about a more severe pullback.
While Palantir is enjoying huge success, another artificial intelligence (AI) company is expanding its influence over the industry.
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.
Billionaire Stanley Druckenmiller Dropped Nvidia and Palantir Stock and Is Piling into 2 Stocks Set to Win in One of the Decade's Hottest Growth Markets. It's a great idea to watch the latest moves of this expert investor.
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.