Palantir: Nothing Like The Dot-Com Bubble
Summary
Palantir's Q2 FY25 results were outstanding, with 8 consecutive quarters of accelerating revenue and an unmatched Rule o...
Palantir's Q2 FY25 results were outstanding, with 8 consecutive quarters of accelerating revenue and an unmatched Rule of 40 score in enterprise software. AIP's indispensability is driving explosive US commercial growth, with management raising full-year revenue and margin guidance as AI inference demand surges. Despite AI bubble fears, I see no imminent risk of a capex cliff; tech fundamentals are stronger than the dot-com era, and AI spending is still ramping up.