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Columns Palantir - The AI catalyst?
$Palantir (PLTR.US)$ stock prices popped after they released their latest Q1'23 results.
The stock and company were previously lauded as a hypergrowth stock. It was painfully sold down after the Feds turn hawkish but has now reported a stellar set of results.
So what are the key takeaways from the company's results?
1. Achieved GAAP net profitability for 2 successive quarters
Palantir achieved a net profit of USD 17 million according to GAAP measures.
And the best news...
The stock and company were previously lauded as a hypergrowth stock. It was painfully sold down after the Feds turn hawkish but has now reported a stellar set of results.
So what are the key takeaways from the company's results?
1. Achieved GAAP net profitability for 2 successive quarters
Palantir achieved a net profit of USD 17 million according to GAAP measures.
And the best news...
![Palantir - The AI catalyst?](https://sgsnsimg.moomoo.com/102263458/editor_image/137e4338454c349ea68e1c5fcfe736f5.png/thumb)
![Palantir - The AI catalyst?](https://sgsnsimg.moomoo.com/102263458/editor_image/f9eeaea07dca3f1bb5db1c8ac80593aa.png/thumb)
![Palantir - The AI catalyst?](https://sgsnsimg.moomoo.com/102263458/editor_image/2927bfe9e65b3fd58e13dd13029b3027.png/thumb)
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Electric vehicle maker Rivian Automotive on Tuesday reported a first-quarter loss that was narrower than expected.
It said it’s still on track to meet a 50,000-vehicle production target for 2023.
Rivian has been working to reduce its spending over the last several months in a bid to conserve cash.
Electric vehicle maker Rivian Automotive on Tuesday reported a first-quarter loss that was narrower than expected ...
It said it’s still on track to meet a 50,000-vehicle production target for 2023.
Rivian has been working to reduce its spending over the last several months in a bid to conserve cash.
Electric vehicle maker Rivian Automotive on Tuesday reported a first-quarter loss that was narrower than expected ...
![Rivian reports a narrower-than-expected quarterly loss, reaffirms EV production target](https://ussnsimg.moomoo.com/1683700573006-70852517-android-org.png/thumb)
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* This article is a work of fiction. Any similarities are purely coincidental.
I recently went to Singapore with my family to visit my long-lost cousin.
When my cousin arrived at the airport in a cool Tesla, she asked me, "This kid has been working for years. Why hasn't he found a partner to bring to Singapore?"
'Well, work is so busy that finance workers don't have time to fall in love. I have to watch the Hong...
I recently went to Singapore with my family to visit my long-lost cousin.
When my cousin arrived at the airport in a cool Tesla, she asked me, "This kid has been working for years. Why hasn't he found a partner to bring to Singapore?"
'Well, work is so busy that finance workers don't have time to fall in love. I have to watch the Hong...
![Feeling the squeeze as prices soar? Build a portfolio to safeguard your travel plans!](https://ussnsimg.moomoo.com/77777888/editor_image/e90a08e197ef379ca5d508b4fa06b35e.png/thumb)
![Feeling the squeeze as prices soar? Build a portfolio to safeguard your travel plans!](https://ussnsimg.moomoo.com/77777888/editor_image/1ab6545a60b235bea62cc1b7c5cbe83b.jpg/thumb)
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