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Reflections on Palantir

(nabeelqu.substack.com)
479 points freditup | 1 comments | 16 Oct 24 02:18 UTC | HN request time: 0.001s | source
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newprint ◴[16 Oct 24 02:50 UTC] No.41855137[source]▶
Can someone explain to me what is the Palantir's business model ? I haven't heard any large, meaningful project they been involved in, but I keep hearing the company name & how hot they are and their stocks are going to blow-up any day (some of my friends kept their stocks for the last 4-5 years with very little gain compared to other software companies). I know of the smaller software companies that are less than 100 people and have a very meaningful impact in DoD & Gov space.
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melling ◴[16 Oct 24 20:24 UTC] No.41863465[source]▶
The stock has blown up. It has more than doubled for me. Almost tripled.

It’s quite expensive now.

I would encourage you to do your own research.

For some reason, HN has very little depth in stock market understanding. HN passed on META at $100.

I know there are some very knowledgeable people here. Wish there was a way to create a “subreddit “ here without all the Reddit noise.

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1. rabf ◴[17 Oct 24 01:06 UTC] No.41865462[source]▶
One of the reasons I still frequent this forum is to countertrade the espoused opinions. Meta@100 was such an easy buy, Everyone was talking as if they were going out of business because they did not like the idea of the metaverse. A quick look at their earnings said that was utter nonsesnse. So bizarre to see all jounalists and many users here to attribute the turn around to them pivoting to AI when that was not at all what the CEO was saying during that time. Always look for primary sources, opinions are funny.