Is PLTR Too Expensive At $28 And Above?

Summary

The Inner Circle show returns for season 2 with a new format featuring daily Tesla and Palantir videos. Despite being on jewelry service, the host aims for daily uploads. Palantir stock has been fluctuating due to macroeconomic factors and institutional ownership increases, signaling confidence in the company's long-term potential. The Oracle partnership expands Palantir's market reach, enhancing its credibility. Meanwhile, competitors like Snowflake face security breaches, highlighting Palantir's robust data security and privacy as a strength, potentially attracting new customers.

Takeaways

• 📈 The Inner Circle show is starting season 2 with a new format of one Tesla video and one Palantir video daily.
• 💍 The host is still on jury service this week and might miss some daily uploads, but will return to regular scheduling soon.
• 📊 Palantir's stock has been performing well despite fluctuating due to macroeconomic factors and specific company developments.
• 🏦 Institutional ownership of Palantir has been rising, with many institutions starting or increasing their positions in the stock.
• 💡 Increased institutional ownership indicates growing confidence in Palantir as a long-term investment.
• 📉 There are concerns about whether Palantir's stock is too expensive currently, but this depends on whether investors see it as a long-term or short-term hold.
• 🤝 Palantir's partnership with Oracle has been strengthened, making Palantir's Foundry and AIP available on Oracle Cloud infrastructure.
• 🌐 The Oracle partnership expands Palantir's market reach, potentially leading to increased sales and revenue.
• 🔐 Palantir's strong reputation for data security and privacy is a significant competitive advantage, especially compared to competitors like Snowflake.
• 💬 Viewers are encouraged to share their thoughts on Palantir's stock price, the Oracle partnership, and their own investment strategies in the comments.

Q & A

What is the new format of the Inner Circle show for season 2?

The new format for season 2 of the Inner Circle show includes one Tesla video and one Palantir video every single day, as opposed to the previous format which had a main show segmented into separate sections.

Why might the host not be able to post videos every day during the week?

The host might not be able to post videos every day during the week because they are on jewelry service and remaining on call, which could require their attention if needed.

What has been happening with Palantir's stock price recently?

Palantir's stock price has been going up and down, but overall, it has been doing quite well. The fluctuations are influenced by macroeconomic factors such as CPI data and FED commentary, as well as Palantir-specific reasons.

What does an increase in institutional ownership of Palantir's stock indicate?

An increase in institutional ownership indicates that more institutions, such as mutual funds and pension funds, are buying Palantir shares, showing increased confidence in Palantir as a long-term investment.

How could institutional investors' trading behavior affect Palantir's stock price?

Some institutional investors might trade Palantir's stock with an expectation of it increasing up to the S&P 500 inclusion, after which they may take profits at the highs and sell out of some of their positions, potentially affecting the stock price.

What are the host's thoughts on whether Palantir's stock is too expensive currently?

The host believes that whether Palantir's stock is too expensive depends on the investor's perspective and time horizon. While it might look expensive in terms of ratios, the underlying business is doing extremely well, and Palantir is positioned for long-term growth in the AI revolution.

What is the significance of the Palantir Oracle deal for Palantir investors?

The Palantir Oracle deal is significant as it expands Palantir's market reach, especially to Oracle's existing customer base of around 430,000 customers globally, potentially leading to increased sales and revenue.

How does the Palantir Oracle partnership aim to benefit enterprises and governments?

The partnership aims to help enterprises and governments accelerate their AI initiatives by leveraging Oracle's cloud and AI infrastructure along with Palantir platforms, providing a comprehensive solution for AI adoption.

What recent event involving Snowflake and AT&T might impact Palantir's competitors?

AT&T suffered a massive hack of customer data, which included records of calls and texts, and the information was illegally downloaded from a workspace on Snowflake's platform. This event might worry investors and customers, potentially leading them to consider other options like Palantir.

How does Palantir's reputation for robust data security and privacy set it apart from competitors?

Palantir's strong reputation for data security and privacy, along with its IL6 certification and experience working with government agencies, positions it as a trustworthy option for customers who prioritize data confidentiality and security.

What is the host's call to action for viewers regarding their Palantir position?

The host encourages viewers to share their thoughts on Palantir's stock price and whether they are still buying, holding, or taking profit, and to comment on the recent developments discussed in the video.

Outlines

00:00

🚀 Season 2 Launch and Format Change

The host of the Inner Circle show welcomes viewers back to the start of season 2, announcing a format change to include alternating Tesla and Palantir videos daily. Acknowledging a busy week due to being on jewelry service and potentially being on call, the host reassures that efforts are being made to resume daily uploads. The host then delves into recent developments in the world of Palantir, noting significant activity and a generally positive stock performance. The summary touches on macroeconomic factors influencing Palantir's stock, institutional ownership trends, and the host's personal views on the stock's valuation and the company's long-term potential in the AI revolution.

05:02

🤝 Palantir's Oracle Partnership and Market Expansion

This paragraph discusses Palantir's certification on Oracle Cloud infrastructure, enabling the availability of Palantir Foundry and AIP across Oracle's cloud deployment options. The partnership aims to assist enterprises and governments in accelerating AI initiatives by leveraging Oracle's cloud and AI infrastructure along with Palantir's platforms. The significance of this collaboration for Palantir investors is highlighted, as it expands the company's market reach, particularly to Oracle's extensive customer base, potentially leading to increased sales and revenue. Additionally, the paragraph mentions the credibility boost for Palantir through this partnership with a well-established company like Oracle. The host also addresses recent news about data breaches involving competitors like Snowflake and AT&T, suggesting that Palantir's strong reputation for data security and privacy might attract customers from these competitors.

Keywords

💡Inner Circle show

The 'Inner Circle show' is the name of the program being discussed in the transcript. It is a video series that is starting its second season. The host mentions changing the format to include one Tesla video and one Palantir video every day. This is the central theme around which the video content is structured.

💡Palantir

Palantir is a company that is central to the video's discussion. The script mentions the company's stock performance, institutional ownership, and strategic partnerships. Palantir is known for its data analysis software and is often associated with government and enterprise-level data solutions.

💡Institutional Ownership

Institutional ownership refers to the number of shares in a company that are owned by large organizations such as mutual funds, pension funds, and other entities that manage significant amounts of money. In the script, it is mentioned that institutional ownership of Palantir has been increasing, which is seen as a positive sign for the company's long-term prospects.

💡Macroeconomic Factors

Macroeconomic factors are large-scale economic indicators that influence the overall health of an economy, such as CPI (Consumer Price Index) data and Federal Reserve commentary. The script suggests that these factors have played a role in the recent fluctuations in Palantir's stock price.

💡Oracle Cloud Infrastructure

Oracle Cloud Infrastructure is a cloud computing service offered by Oracle. The script discusses a partnership between Palantir and Oracle, where Palantir's Foundry and AIP (Advanced Integration Platform) have been certified on Oracle's cloud infrastructure. This partnership is significant as it expands Palantir's market reach.

💡AI Initiatives

AI initiatives refer to projects or programs aimed at implementing artificial intelligence solutions. The script mentions that the partnership between Palantir and Oracle is intended to help enterprises and governments accelerate their AI initiatives by leveraging Oracle's cloud and AI infrastructure along with Palantir's platforms.

💡S&P 500 Inclusion

S&P 500 inclusion refers to a company being added to the S&P 500 Index, which is a stock market index of 500 companies selected to measure the stock performance of the top companies listed on stock exchanges in the United States. The script suggests that some institutional investors might be trading Palantir stock in anticipation of its potential inclusion in the S&P 500.

💡Data Security

Data security is the practice of protecting data from unauthorized access, use, disclosure, disruption, modification, or destruction. The script highlights Palantir's reputation for robust data security and privacy, which is a key selling point for the company, especially in the wake of data breaches at competitors like Snowflake.

💡FedRAMP

FedRAMP (Federal Risk and Authorization Management Program) is a U.S. government-wide program that provides a standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services. The script mentions that Palantir is FedRAMP certified, which is a significant credential in the government and enterprise sectors.

💡Snowflake

Snowflake is a data warehousing company that competes with Palantir. The script discusses a data breach involving AT&T and Snowflake, suggesting that this incident might affect Snowflake's reputation and potentially drive customers to consider alternatives like Palantir.

💡Investor Confidence

Investor confidence refers to the level of trust and assurance that investors have in a company's future performance and stability. The script suggests that increasing institutional ownership in Palantir indicates growing investor confidence in the company as a long-term investment.

Highlights

Season 2 of the Inner Circle show begins with a new format featuring daily Tesla and Palantir videos.

Host is on jewelry service and will try to keep videos daily, but may be limited due to work commitments.

Palantir stock has been performing well with recent fluctuations attributed to macroeconomic factors and company-specific news.

Institutional ownership of Palantir is increasing, indicating growing confidence among large funds.

Increased institutional ownership can be a positive sign for retail investors considering Palantir's long-term potential.

Some institutions may trade Palantir stock anticipating the S&P 500 inclusion for potential profit-taking.

The question of whether Palantir stock is too expensive is subjective and depends on investment horizon.

Palantir's underlying business is strong, with robust financials and significant momentum in deals and innovation.

The artificial intelligence revolution is still in its early stages, offering growth opportunities for Palantir.

Palantir's partnership with Oracle aims to help enterprises and governments accelerate AI initiatives.

Oracle's vast customer base and cloud infrastructure could significantly expand Palantir's market reach.

The Oracle deal adds credibility to Palantir, potentially attracting more businesses considering AI solutions.

Snowflake and AT&T's stock prices dropped following a report of a massive customer data breach.

The data breach could lead to customers considering alternatives to Snowflake, possibly benefiting Palantir.

Palantir's reputation for robust data security and privacy is a significant strength in the AI market.

Palantir's IL6 certification and FedRAMP status demonstrate its commitment to high-level data security.

Viewers are encouraged to share their thoughts on Palantir's stock valuation and their investment strategies.

The host will continue to provide updates on Palantir and its market position in upcoming videos.

Transcripts

welcome back to the Inner Circle show

and the start of season 2 and in the

light of try and new things I'm going to

mix up the format a little bit so now

we're going to have one Tesla video and

one paler video every single day rather

than having a main show which is then

segmented into separate sections I am

still on jewelry service this week and I

am remaining on call if they do need me

so if the videos aren't every single day

this week don't worry I'm trying my best

and I will get back up and running every

single day as soon as possible so let's

catch up on everything that has been

happening in the world of palente here

and oh my there has been quite a lot

going on but before we get into all of

that don't forget to like this video

subscribe to the channel and turn your

notifications on so you do not miss an

upload Monday through

[Music]

Friday so whilst I've been away palen

stock has actually been doing pretty

decently but the company behind the

stock is way more important than just

the short-term stock price movements so

why has paler stock recently been going

up and down it's been a little bit all

over the place overall it's been doing

pretty well well as per many factors

come into play here one of the big ones

being macroeconomic macro factors for

example the CPI data we had and the FED

commentary that we've been receiving but

also we've had a few paler specific

reasons that we will also cover in the

recent few months and the recent few

weeks one big thing that seems to be

happening is the institutional ownership

of paler has been on the rise this just

means that the number of shares of

palente the institutions institutions

being being things like mutual funds

Pension funds you know these big big

organizations that control a lot of

money have been buying of paler I saw

this over on X from Mike and this is

showing us the institution activities

and what you can see here is that many

many companies many uh institutions have

been actually starting a position in

paler but also on top of that uh

companies that already owned paler have

been increasing their paler Holdings

some of them by quite substantial

percentages and you can also see on

fintel the institutional ownership of

paler over time and that has been

gradually increasing I have discussed

this a number of times on the channel in

the past but seeing an increase in

institutional ownership is a a good

thing for many different reasons for

example it shows us retail investors

that among the institutional um funds

the the big funds out there managing

lots and lots of money they are having

increased confidence in paler as a

long-term play so they are now seeing

something in palente they're thinking

that paler could do very very well in

the mid and long term that maybe us

retail investors have been seeing for

quite a while but we also have to

remember that some institutions will be

trading this position more than others

meaning some of them will be very much

expecting paler stock to increase up to

the S&P 500 inclusion then they'll

expect somewhat of a peak and then they

will take profit um at the highs if you

will and sell out of some of their

positions so we do need to expect that

too I've heard a few people ask asking

the question and I think it's a very

reasonable question about whether or not

paler stock is now too expensive you

know it's been closing at above $28 it's

been doing very very well it hit yearly

highs during the week it's up 70% year

to date all of these different things so

my thoughts on this are it just depends

how you're looking at this are you

looking at paler as a longterm uh

position are you expecting to be holding

this company holding this stock for many

many years or are you actually expecting

more of a short to midterm hold

depending on which one of those camps

you fall into you'll probably have a

different opinion but yes paler could be

looking a little bit expensive right now

in terms of ratios and other things that

you could look at but to me the

underlying business is doing extremely

well both in terms of financially it's

building is very very strong but also in

terms of momentum and deals that they

are getting and Innovation that they are

showing when I think about what

companies I want to put my money to own

a little bit of over the next five six 7

10 years paler without a doubt is one of

those we've also got to remember that we

are still very very early in this whole

artificial intelligence Revolution there

is still lots of growth there left and

for companies that can offer good

Solutions in terms of AI and that's what

I think we're going to see happen and

it's already happening money will move

from those companies that are offering

pretty useless AI solutions to those

offering real world useful Solutions and

I think that's where paler shines but do

let me know if you think paler stock is

too expensive right now and whether or

not you are still buying so that's a

little bit about paler stock the

macroeconomic situation and the

institutional ownership but now I want

to switch gears a little bit and talk

about the paler Oracle deal that has

recently come out so this isn't a new

deal this isn't the first time we've

heard about palente here working with

Oracle in fact in April this year we

heard about a new partnership that they

were they were having together but now

we've got even more information that is

basically setting this collaboration in

stone so we've now been told that

palente Foundry and AIP have been

certified on Oracle Cloud infrastructure

and are now available across all of

oracle's distributed Cloud deployment

options this partnership is basically

aiming to help Enterprises and

governments to accelerate their AI

initiatives by leveraging oracles cloud

and AI infrastructure along with palente

platforms now this is a big deal this is

actually really important for us paler

investors to care about why why well

because it expands palen's Market reach

so so much it allows paler to reach a

much broader um Market especially

oracle's existing customer base and

Oracle are not a small company they have

something like

430,000 customers globally and more

exposure for paler can then lead on to

increased sales which then can lead on

to increased Revenue in the future and

also outside of Revenue and potential

new customers this just adds even even

more credibility to paler and paler

Solutions it means that more businesses

will be looking at paler and thinking

well if they're working with Oracle and

all these other big names maybe they

could actually help us as well because

obviously Oracle is a very very

wellestablished and trusted company so

I'm obviously always excited to hear

about any of palen's Partnerships but

this one in particular is very very

interesting because like I said it does

open them up to so many potential

customers and working with Oracle is a

big deal I also saw something over on X

which made me question whether or not

palente competitors whether or not you

think they're actually competitors or

not are maybe having a little bit of

trouble Snowflake and AT&T are moving

lower today off of this story from

Bloomberg this morning AT&T says new

hack includes reports of customer calls

and texts so let's just see what this

says so AT&T suffered a massive hack of

customer data separate from the reported

one earlier this year this included

records of calls and text nearly all of

its mobile phone users for a 6month

period in 2022 one of the biggest

breaches of private communication data

in recent memory the company said in a

regulatory filin Friday that the breach

which hadn't been previously disclosed

also included those records from

customers of wireless service providers

that used AT&T's network between the 1st

of May 22 and October the 31st of that

year the company said it learned in

April that the information was illegally

downloaded from a workspace on a third

party Cloud platform which a

spokesperson identified as snowflake now

snowflake are considered to be one of

palen's biggest competitors now do let

me know if you agree or disagree with

that in the comments below but this

initially did cause uh Snowflake and

AT&T to drop in stock price I think

since then snowflake has recovered

slightly but I do think this is going to

worry a lot of investors and potentially

a lot of customers and maybe some

customers will be potential customers

and existing customers of snowflake

might start to consider other options

possibly paler now palente of course has

a really strong reputation for its

robust data security and privacy they of

course have spent many many decades

working with government agencies whereby

they are required to show the uppermost

levels of security and I personally

think that this feature that they are

able to offer customers is one of their

biggest strengths and alongside that

they are il6 certified one of only three

companies across the entire enire globe

that have that status and they have

their fed Start program like I said

they've they've had many many years of

working with government organizations

where they've had to develop ways of

keeping data very confidential and very

very private highest levels of security

now they are showing that across the

Enterprises as well so we could actually

see that palente here becomes even more

of an an attractive option moving

forward do let me know what you think

about all of that in the comments below

and what you've been doing with your

paler position recently have you been

buying more have you been holding back

or have you actually been taking some

profit off the table thank you so much

for watching this video and I'll be back

with another very soon