Palantir earnings shine a light on dark day for tech stocks

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Palantir (PLTR) shares are rising after the company reported second quarter earnings that beat estimates on both the top and bottom lines and raised its full...

and raised its full-year guidance. Argus Research senior securities analyst Joseph Bonner joins Market Domination Overtime to break down the earnings and the company's overall valuation.

He believes that Palantir's valuation is still attractive as the company is now expanding into the commercial space after focusing on government contracts. He notes that this pivot"could provide a lot of opportunities" both domestically and internationally.Moving on pounder reporting second quarter earnings, beating estimates on the top and bottom lines and raising full year go guidance and joining me now is Joe Bonner Senior securities analyst at August Research.

And I, I'm just curious, what do you think their kind of competitive advantages are Joe in that space? Whether it's your commercial models, like your Gemini or your chat GP T or like open source or even their customers that might have, uh you know, their own, you know, personalized models, you know, basically.And, you know, there's kind of a thesis out there that, you know, maybe these, you know, these large language models eventually become commoditized.

A, a big pivot into this commercial realm and, and, and it could provide a lot of, lot of opportunity.

 

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