Palantir Stock Breakout Ahead Due to SHOCKING Deal!

Summary

In this episode of Data Dispatch, the spotlight is on Palantir Technologies' finalized partnership with Oracle, expanding its AI platform's reach across Oracle's cloud infrastructure. The Federal Reserve's testimony to Congress on monetary policy and inflation is discussed, with market anticipation of interest rate cuts. Nvidia's surging demand and price targets are highlighted, driven by the launch of its new Blackwell system and hyperscalers' investment in AI chips. The video also touches on Palantir's technical analysis, emphasizing its bullish outlook despite high valuation concerns.

Takeaways

• 🤝 Palantir Technologies has finalized a partnership with Oracle, which will increase exposure to various industries.
• 📉 The Federal Reserve testified to Congress about monetary policy and inflation, with no significant market reaction or change in rate cut expectations.
• 💡 Nvidia continues to see increased demand and price targets, with the launch of a new Blackwell system expected to drive further gains.
• 📈 Palantir's stock (PLTR) is holding at 52-week highs, with technical analysis suggesting a potential run up into the 30s.
• 🔢 Earnings per share for Palantir are predicted at about 8 cents, with revenue at approximately 652 million dollars.
• 📊 High trading volume for Palantir at around 50 million shares, which may be supporting the stock's current price level.
• 📉 A spike in short volume for Palantir at 7.17 million, indicating potential large investor position changes at the 52-week high.
• 🤖 Palantir's collaboration with Oracle Cloud to bring AI innovation is seen as a step towards AI dominance in the market.
• 🚀 The AI boom is ongoing, with Palantir's technology deployment across Oracle's platforms seen as excellent for Palantir's growth.
• 💰 Mumu, the sponsor of the video, offers a one-stop trading app with free commission trading and powerful investment tools.
• 📉 Concerns about Palantir's high valuation and market cap over 61 billion, with some investors uncomfortable with the premium.

Q & A

What is the significance of Palantir Technologies' partnership with Oracle?

The partnership allows Palantir's products to gain exposure to multiple different industries, enhancing their reach and potential for growth.

What does the Federal Reserve's testimony to Congress imply for the economy?

The Federal Reserve's testimony indicates that there is a significant focus on managing inflation and the risk of moving rates too little or too late, which could weaken the economy.

What is the current market expectation regarding the Federal Reserve's interest rate cuts?

The market expects about a 70 to 80% chance of the central bank cutting its main interest rate as soon as September, with at least two rate cuts expected this year.

Why is there a potential increase in demand for Nvidia's products?

The launch of the new Blackwell system and the expected growth in AI demand, especially from hyperscalers like Google and Amazon, are driving the potential increase in demand for Nvidia's products.

What is the current technical perspective on Palantir's stock price?

Palantir's stock price is holding at the 27s and sitting at 52-week highs, with the potential for a run up into the 30s and beyond, although there is a spike in short volume indicating some investors may be expecting a pullback.

What is the expected earnings per share and revenue for Palantir's upcoming earnings report?

The expected earnings per share are about 8 cents, with revenue predictions at approximately $652 million.

What is the significance of Palantir's AI platform and AIP being available across Oracle's distributed Cloud deployment options?

This availability positions Palantir to take a step towards AI dominance and increases its exposure via Oracle's cloud infrastructure, which spans multiple industries.

What is the current sentiment towards Palantir's stock valuation?

There is a concern about Palantir's high valuation, with a market cap over 61 billion and high valuation multiples, which some investors find uncomfortable.

How does the article from Seeking Alpha view the potential future of Palantir's stock?

The article suggests that despite the high valuation, the momentum behind Palantir's stock and its expansion into commercial segments could continue to drive growth.

What is Mumu and how does it relate to the video content?

Mumu is a one-stop trading app offering free commission trading and powerful investment tools, which is the sponsor of the video content discussing market insights.

What are the implications of the high volume of Palantir's stock and its potential impact on the stock price?

The high volume, around 50 million, could indicate strong market interest and potentially support the stock price at its current level, especially in correlation with the cup and handle pattern seen in the weekly charts.

Outlines

00:00

🤝 Palantir and Oracle Partnership Finalized

The video discusses Palantir Technologies' finalized partnership with Oracle, which is set to expose Palantir's products to various industries. The partnership allows Palantir's products to be integrated across Oracle's distributed Cloud deployment options, signaling a move towards AI dominance. The video also touches on Palantir's technical perspective, with the stock holding at the 27s and sitting at 52-week highs, suggesting a potential run-up into the 30s and beyond. Earnings predictions and high trading volume are highlighted, alongside a spike in short volume, indicating possible position flipping by larger investors. The collaboration with Oracle Cloud is seen as a bullish sign for AI demand and market expansion.

05:02

📈 Palantir's Growth and Valuation Concerns

This paragraph delves into Palantir's business expansion, particularly its government and commercial segments, and the company's reliance on the Titan contract as a significant revenue source. It also addresses Palantir's high valuation and market cap, which some investors find concerning. Despite this, the market's bullish sentiment on Palantir's future earnings and growth potential is strong, leading to a high valuation that some investors are willing to overlook. The Federal Reserve's testimony to Congress is also mentioned, with the market expecting little change in interest rate plans and a continued focus on inflation risks.

10:04

🚀 Nvidia's AI Demand and Market Momentum

The final paragraph focuses on Nvidia, highlighting the launch of its new Blackwell system and the expected continuation of AI demand driving further gains. Despite challenges in the auto sector, particularly in China, traditional service demand is improving. Analysts are raising their price targets for Nvidia, with hyperscalers like Google and Amazon poised to invest heavily in computing infrastructure, increasing demand for Nvidia's AI chips. The video concludes by asking viewers for their thoughts on Palantir's potential breakout to the 30s and the current market situation.

Keywords

💡Paler Technologies

Paler Technologies is a company that has recently finalized a partnership with Oracle. This partnership is significant as it allows Palante's products to gain exposure across multiple industries. In the video script, the partnership is highlighted as a key development, indicating that Palante is expanding its reach and potentially its market influence.

💡Oracle

Oracle is a multinational computer technology corporation that specializes in database software and technology, cloud engineered systems, and enterprise software products. In the context of the video, Oracle's partnership with Palante Technologies is a pivotal moment, as it signifies a strategic alliance that could enhance Palante's visibility and integration within various sectors.

💡Monetary Policy

Monetary policy refers to the actions of a central bank, such as the Federal Reserve, aimed at influencing the economy through interest rates and money supply. In the video, the Federal Reserve's testimony to Congress about monetary policy is discussed, highlighting the potential impact on interest rates and the economy, particularly in relation to inflation.

💡Interest Rate Cuts

Interest rate cuts refer to the reduction of interest rates by a central bank, which can stimulate economic activity by making borrowing cheaper. The script discusses the market's anticipation of the Federal Reserve's first interest rate cuts and the implications this has for economic expectations and market reactions.

💡Nvidia

Nvidia is a multinational technology company known for its graphics processing units (GPUs) and artificial intelligence technologies. The video script mentions Nvidia in the context of increasing demand and price targets, indicating that the company is experiencing positive market sentiment and potential growth.

💡AI Innovation

AI Innovation refers to advancements and new developments in the field of artificial intelligence. The script discusses the collaboration between Palante and Oracle to bring AI innovation, emphasizing the importance of this technology in driving the companies' growth and competitiveness.

💡52-Week Highs

A 52-week high is the highest price at which a security has traded during the past 52 weeks. In the script, Palante's stock (PLTR) is noted to be at its 52-week highs, suggesting a period of strong performance and investor optimism.

💡Earnings Per Share (EPS)

Earnings Per Share (EPS) is a measure of a company's profitability, calculated by dividing the net income by the number of outstanding shares. The script mentions earnings per share predictions for Palante, which are an important metric for investors assessing the company's financial performance.

💡Volume

Volume in the context of the stock market refers to the number of shares or contracts traded in a security or market during a given period. The script notes high volume for Palante's stock, which can indicate increased interest and liquidity in the market.

💡Short Volume

Short volume is the total number of shares that have been sold short in a single day. The script mentions a spike in short volume for Palante, which could suggest that some investors are betting on a potential price decline, expecting to buy back the shares at a lower price.

💡Valuation

Valuation refers to the process of determining the economic value of a company or an asset. The script discusses Palante's valuation and market cap, highlighting concerns about whether the stock is overvalued relative to its fundamentals and the broader market.

Highlights

Palantir Technologies finalizes partnership with Oracle, expanding product exposure across multiple industries.

FED's testimony to Congress on monetary policy and the economy's inflation, with market reactions and expectations discussed.

Nvidia's continued demand and increasing price targets despite challenges in the China auto sector.

Palantir holding at the 27s and sitting at 52-week highs with potential for a technical run up into the 30s and beyond.

Earnings predictions for Palantir at about 8 cents per share with Revenue at approximately 652 million.

High trading volume for Palantir at about 50 million, indicating market interest and potential for holding at current levels.

A spike in short volume for Palantir at 7.17 million, suggesting larger investors may be adjusting positions.

Palantir and Oracle Cloud's AI innovation collaboration, making the fouy platform and AIP available across distributed Cloud deployments.

AI boom in the market with Palantir gaining significant exposure through Oracle's cloud infrastructure.

Mumu, the trading app sponsor, offering free commission trading and investment tools for market decisions.

Seeking Alpha article discussing the potential for Palantir's rally to continue, despite short volume increases.

Palantir's government and commercial segment expansion, highlighting the Titan contract as a significant revenue source.

Long-term bullish perspective on Palantir, with applications having limitless capabilities and use cases.

Concerns about Palantir's high valuation and market cap over 61 billion, with a premium that may deter some investors.

Future earnings reports as a gauge for Palantir's high valuation, with expectations of positive and bullish outcomes.

FED's lack of guidance on interest rate plans, maintaining market expectations for rate cuts in September.

Nvidia's new Blackwell system launch and its potential to drive further gains in the AI chip market.

Analysts' price target for Nvidia increasing to $150, with hyperscalers like Google and Amazon investing heavily in computing infrastructure.

Transcripts

ladies and gentlemen welcome back to

data dispatch I hope you guys are having

a wonderful day let's talk about number

one paler Technologies finally finalizes

their partnership with Oracle which what

this means is that this allows peners

products to gain exposure to multiple

different Industries we're going to be

getting into the details about what this

means and also everything you need to

know regarding this partnership on top

of that we have the FED that had its

first first day testifying to Congress

talking about remarks on monetary policy

and what's been happening with the

economy regarding inflation we're going

to be talking about the pro what the

probability is of the first interest

rate cuts and really how the market

reacted and what they're expecting and

what's going to be happening for the

rest of the week we also need to be

talking about Nvidia because we're

continuing to see demand and even price

targets that are still continuing to

increase so if you're a new or returning

viewer hit that like button subscribe

for daily videos and of course I'm not a

financial adviser I'm just collecting

all the data and dispatching it to you

pop it up on the screen here quickly

talking about palente here in terms of

technical perspective holding at the 27s

and this is really cool to see

especially as pltr is sitting at these

52 week highs we're seeing some cooling

off at this area we're not seeing this

pullback yet now the question is will we

see a run up here technically up into

the 30s and even Beyond we have earnings

that is expected to come in about a

month earnings per share predictions are

at about 8 cents per share Revenue at

about 652 million we talked about this

before what we're seeing though is

volume that is continuing to be high at

about the 50 millions and this could be

a good reason why palent tier is holding

at this level of course in correlation

with this cup in handle pattern that

we've seen being set up especially the

weekly charts are looking incredibly

attractive one thing that I do want to

point out though we do have a spike in

short volume that did come in today

total short volume at

7.17 million so we could have some

bigger investors that are starting to

possibly flip their position here at the

52 weeks High expecting a little bit of

a pullback but this isn't necessarily

always a bad thing what we're seeing

here short sale ratio at about 12% now

let's talk about what we do know about

the paler and the or Co cloud and

bringing AI Innovation with this

collaboration now remember of course

they announced their collaboration in

their partnership but what happened

today is that they announced that the

fouy platform in AIP that they recently

released last year are available across

all of its distributed Cloud deployment

options this includes popular Oracle

Cloud infrastructure and paler are on

watch today along with Oracle in light

of this news and with this important

development we seeing here is a step

that they are both taking into

artificial intelligence dominance and I

couldn't agree anymore with that

statement that paler now has a ton of

exposure via Oracle clouds

infrastructure and what's happening with

plar pltr is that investors are really

agreeing that this news is very bullish

for the AI demand as we continue to see

that expansion across that has been

growing within the market ladies and

gentlemen we're in the middle of an AI

boom I don't think anybody can disagree

with that statement right there now

we've seen pltr why this really matters

is because like I said having this

technology deployed across oracles

platforms is excellent for pal Ander and

that the tech giant really spans across

multiple Industries helping it steadily

over the past year now the moment

momentum is likely to continue and this

is really coupling with what we've been

seeing along with this interesting

article talking about how this rally

still appears to continue to ride let's

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Mumu down in the description back to the

video and what this means here as

tempting as they say this is a Seeking

Alpha article article talking about as

tempting as it is to sell this is why we

possibly could have saw it with a short

volume increasing talking about this

article on the basis of rioting the r

and we see number one the re

acceleration into the governmental

business we saw this with the Titan

contract this is just a prime example

which really shows you that this is

still a very trustworthy and incredible

Revenue source for paler to rely upon on

and as they continue to expand into the

commercial segments via this boot camp

style this is where we're starting to

see paler that is continuing to expand

the products that they can offer and

that's just what we talked about in the

Oracle deal that's a prime example right

there how boot camps have been very

lucrative for

pltr now one of the big things here a

multi-year investment that's the way

that I personally see pltr not in a

short-term trade I always am looking at

these stocks on a longterm bullish

perspective of course we analyze in the

short term when you have um earnings

coming up when you have different types

of news inflationary news and things

like that which we'll get to in a minute

but what we see with pltr is that these

applications really do have Limitless

capabilities and use cases the fact that

pltr is really doing a great job

bringing utility to AI I think is one of

the most key key important factors that

is helping to bring expansion and growth

to this individual stock and keeping up

with the market

momentum one thing that we do need to

live with and I can't agree with this

anymore and it's one of the biggest

criticisms for paler stock is its

valuation and the big concern here for

paler isn't so much as fundamental risk

but it's more about the valuation

concern and of course people are

slightly uncomfortable with its

valuation what we see with current

shares and at market cap over 61 billion

now what we're seeing here is very high

premiums we see right here fiscal year

Revenue and pal Anders valuation

multiples at

21.5x and a lot of companies don't have

such high premiums compared to Pal Ander

Technologies but as we see this

basically a lot of people and kind of

where I'm sitting right now are really

willing to foro the usual inclination

about timing purchases and basically

Holding On For the Long Hall and because

with the momentum that's behind pltr I

think this is kind of throwing the whole

value with ation and for those value

Valu valuation oriented investors

throwing that all out the door and one

of the big things that I always talk

about is that future earnings reports

are usually a very great gauge of how

highly valued a stock is what we've seen

for the previous several quarters now

for payter Technologies is that a lot of

people are always expecting very

positive and bullish earnings so of

course if everybody is on the train that

we're going to see increase Revenue

momentum and stock price and blah blah

blah blah blah blah blah blah blah blah

blah everything going to the green of

course it's going to have a high

valuation so that's just something

they're going to have to live with if

people are going to be getting that and

kind of getting their feet that way with

pal here now let's talk about what we

did see in terms of the testimony today

and that is after the Federal Reserve

here came in front of Congress we didn't

see much changes in the market

expectations and and that's just because

basically he really offered kind of

little guidance on the fed's plans on

really when it's going to lower interest

rates the market is still continuing to

have their same expectations and there's

going to be about a 70 we've seen also

from other sources 70 to 80% chance that

the central bank is going to cut its

main interest rate as soon as September

and we have that same 70 to 80% chance

so we're going to see at least two rate

Cuts this year now what we did see here

the FED coming out basically saying that

you elev um elevated inflation is the

only risk that they face in the

testimony and also talking about

specifically what they say is that they

just don't want to move rates too little

or too late warning that basically each

scenario could weaken the economy they

basically want to time it right and this

is really not surprising the market at

all and that's really I don't think why

we saw a lot of volatility with this

testimony however this still continues

tomorrow number one and CPI data for

June comes out on Thursday so those will

other be different Market variables now

talking about Nvidia the stock price

talk you know talking here Nvidia of

course is exploding one of the big

things is the launch of the new

Blackwell system this is going to be the

next line of

semiconductors that will be basically

taking over the h100 chips as far as my

knowledge goes and we have these

different lead sector analysts right

here saying that the AI demand is going

to continue to drrive further gains back

and this is going to happen even as we

see China in auto sector demands that

are starting to struggle to gain

momentum get this call coupon out of

there what they say here indicates that

traditional service demand continues to

improve and basically what they're

saying is with price Target changes

we've seen this going up to about 150

bucks now a lot of analysts are starting

to agree with that and with these

so-called hyperscalers right now Google

Amazon they're pois to spendable 92

billion dollar this year alone building

out their massive Computing

infrastructure of course they're going

to be looking at Nvidia for those

artificial intelligence chips so I'm not

seeing any signs of slowing down there

interesting interesting things on the

table what do you guys think about this

Oracle kind of cealing the deal in this

partnership with this great bearish

bullish article where do you see pltr do

you think a breakout to the 30s is

possible here and this kind of

establishing a little bit of a cooling

off of the 27s not a bad thing peace out

catch you guys later and have a great

day