"Palantir ( NASDAQ:PLTR | PLTR Price Prediction) just delivered one of the most impressive quarterly blowouts in its history, but it wasn't quite enough to power a turnaround in the stock. Not with expectations as high as they were and broader fears surrounding what AI could do to some of the software plays out there, including ones that have already successfully pivoted."
"With a lot of less-than-useful AI tools and content across the internet, it can certainly feel at times like AI is nothing more than a bubble. And when you've got a genius in Burry who's remarking on his thoughts of such a bubble, it's hard to go against the man with a long position in a name like Palantir."
"Karp notes that there exists a "no-slop" zone that's not just a commoditized wrapper around someone else's large language model (LLM). Indeed, Karp is right on the money, and the incredible growth numbers from the latest quarter are doing the talking. While it can be tough for investors to tell what's just a wrapper and what's a moat-worthy piece of infrastructure that can actually produce value from the AI underneath the hood, I do think that we're entering an era of haves and have-nots within software."
"Indeed, the SaaS-pocalypse sell-off has marked everything down across the industry in a rather indiscriminate fashion. With Palantir's AI Platform (AIP) positioning standing tall as one of the firms in the "no-slop zone" (the government"
Palantir delivered a major quarterly performance, but the stock did not fully rebound because expectations were already high and investors remain concerned about how AI will affect software companies. The CEO’s letter emphasizes a “no-slop” zone where offerings are not merely commoditized wrappers around existing large language models. The piece argues that many AI tools and content feel low value, contributing to bubble-like perceptions. It also claims the market is shifting toward “haves and have-nots” in software, with durable infrastructure able to generate real value. A broader SaaS sell-off has reduced valuations across the industry, increasing pressure on companies regardless of individual progress.
Read at 24/7 Wall St.
Unable to calculate read time
Collection
[
|
...
]