Political chaos, a hurricane called Trump, disruptive elements such as artificial intelligence and the world above putting the world upside down. For most companies this scenario should be afraid, but not for Palantir that moves wonders in the mud, as if it were the mud fish. The company rises more than 20% in the Premarket, after presenting results yesterday.
Palantir exceeded expectations in its results of the fourth quarter of 2024, with revenues of 827.52 million dollars (compared to 775.91 million expected) and a benefit per share of 14 cents (exceeding the 11 planned cents). For the first quarter of 2025, it projects revenues of up to 862 million, above the estimated 799.4 million. At an annual level, expect income between 3,741 and 3,757 million, exceeding the market forecast of 3,503 million.
The results are good, but the most relevant was the enthusiasm of the CEO, Alex Karp, with all the US political scene. Karp gave palm by ears due to the disruption that AI is generating in various industries, stating: “We love disruption, and what is good for America will be very good for Palantir.”
The company is dedicated to tracking information and data of all kinds and fur and offering analysis of its Palantir customers use super intelligent computers to find answers in large amounts of information. “In the end, disruption exposes things that do not work. There will be ups and downs,” Karp continued. “This is a revolution and some people will cut their heads … we hope to see really unexpected things and win”
The speech sounds like Victoria, despite the fact that Depseek’s emergence is very recent, questioning US hegemony in AI. Karp, last week, He emphasized the urgency that the United States accelerates its development in artificial intelligence before these emerging threats.
Republican ties
The company advised that the US administration used the Chinese application. The warning is not neutral. Palantir is dedicated to providing software to governments and companies to collect, analyze and produce information based on large data sets. Casualities of life The president and founder Peter Thiel is one of the great Republican donors.
And with Trump in the White House everything starts fit for the company. His big businesses are the defense, being hired by the US intelligence services and the Department of Defense to fight terrorismor, investigate fraud and provide its services in the “Information War”. The fight against terrorist groups was their first business, but continued to expand through all the defense areas they could.
Do not forget another ally for the cause: Elon Musk. Much of the improvement of the company’s forecasts is due to the impulse that the company will take for dirty work (cuts and clean of bureaucracy) which will make the founder of Tesla within the administration.
Karp literally said that the work of billionaire Elon Musk and the “Government Efficiency Department” (Doge) of cost reduction that he directs would be “good for Americans” and “very good for Palantir.” The company generates about two thirds of its income in the United States from government contracts. And for the manager Musk’s ideas will still boost income.
The market had not escaped this perspective: since Trump won the elections the shares have doubled their value. Although it is also true that the company already accumulated a very positive dynamic for 2024; of a revaluation of 340% without counting today’s rise of 20%. The histrionic analyst Jim Cramer perfectly summed up the Musk effect on Palantir’s actions, in his CNBC program, in November when the signing for Doge jumped to the public. “Palantir has climbed a lot because I think Musk will tell them:” The Department of Defense is yours … Get rid of all those people. ”
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