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It actually first jumped significantly after the earnings call the day before the election. A 54% growth on the commercial side, being added to the S&P500, 1b
by throwaway422432 1y ago
It actually first jumped significantly after the earnings call the day before the election.
A 54% growth on the commercial side, being added to the S&P500, 1b in free cash flow, etc. Since then there have been constant announcements of more success resulting in buy-ins from all the big institutional funds including sovereign wealth funds.
Sure, the political connections are there, but is that why everyone's buying?
https://www.palantir.com/q3-2024-letter/en/ https://www.palantir.com/q3-2024-letter/en/