Palantir announced Q2 earnings on this morning, August 8th, before market open. Share price have dropped in pre market based on the poor results and in this video I will offer my own 2 cents about what the results looked like. Palantir Q2 Earnings: 10 Minute Recap | Tom Nash
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DISCLAIMER: All of Tom's trades, strategies, and news coverage are based on his own opinions alone and are only done for entertainment purposes. If you are watching Tom's videos, please Don't take any of this content as guidance for buying or selling any type of investment or security. Tom Nash is not a financial advisor and anything said on this YouTube channel should not be seen as financial advice. Tom is merely sharing his own personal opinion. Your own results in the stock market or with any type of investment may not be typical and may vary from person to person. Please keep in mind that there are a lot of risks associated with investing in the stock market so do your own research and due diligence before making any investment decisions.
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👏👏 Big shout out to our growing list of Patreons. For those of you want (and can) support our channel, here is how you can help: https://www.patreon.com/user?u=13016082
DISCLAIMER: All of Tom's trades, strategies, and news coverage are based on his own opinions alone and are only done for entertainment purposes. If you are watching Tom's videos, please Don't take any of this content as guidance for buying or selling any type of investment or security. Tom Nash is not a financial advisor and anything said on this YouTube channel should not be seen as financial advice. Tom is merely sharing his own personal opinion. Your own results in the stock market or with any type of investment may not be typical and may vary from person to person. Please keep in mind that there are a lot of risks associated with investing in the stock market so do your own research and due diligence before making any investment decisions.
It's hard to be a bull anymore. As soon as PLTR gets back to 14.11 a share, what I paid for it. I'm out
damn , I bought this at $9 and sold it at $38 lol. Havent looked back since. I may buy in again for a little swing 😉
Tom, I think you should write a letter to Palantir investor’s relations.
Alex being Alex 🤣
Long term investor and your worried about 9 months of earnings calls?
No joke I sold my PLTR shares at 4:05am the morning of earnings taking profits because of your video warning us and you were spot on. So glad I did and now if we see PLTR move lower I can buy back in at a lower price. Thank you!
the stock was up 40 percent in weeks until recently. i think its fine unless you just bought lol
I bought PLTR at $20 and sold it at $27 out of technical analysis and purely gut feelings, making around 36% on PLTR. I dodged a bullet. I feel terrible for the people who bought the dip and are now holding the bag. I got called out for not understanding PLTR and that I am a short term trader. They may be right that I did not understand PLTR. Maybe PLTR will be back to $30 eventually in 24 – 36 months. But I still dodged a bullet on this stock.
thank you tom for being truthful
Just want to say that I really appreciate your analysis. Just to mention your ideas BMY, JNJ let me book profit in kind of bear market.
PLTR is unclear to me as of now. We have sequential slow down in revenue growth. Thus, naturally stock is punished. Would we resume growth? Alex Karp seems certain it will. We might have a hick up in government spending (plus sales team is not mature yet.) It is very hard to guess stock price during the next 3 month because we had more than one quarterly slow down.
People like to interpolate (correctly or not).
I will always remember the earliest video from 🐔🧠🇸🇬 where he mentioned that PLTRs ability to scale to the masses was an issue. I can understand that even though he changed his mind so my investments went elsewhere ⚡
I am not even going to watch the video. Just here to say that your analysis on palantir was dead wrong and I should have never listened. Remember when you mocked the article that said palantir was a $5 stock. Who's laughing now Tom?
🤣🤣🤣🤣🤣🤣 and people laugh at Cathie. She prevented more losses by selling PLTR at least for the short term
Their focus is on the govt not commercial. He said on the earnings call he doesn't care what the stock price is. They need better marketing and PR.
you are exaggerating lol tone it down. a little….the macro conditions are terrible and they still delivered all things considered.
can you please make a video going over the new inflation bill? Thank you!
Karp has to step down or understand that the most important product of a stock company is shares. If he wants to philosophize further, it was not going to go public.
Top notch
Only reasons they lowered guidance was the unpredictability of their contracts. Some quarters will be beat others will miss depending on when they get paid. Commercial growth has been amazing which no one’s talking about. If we were up today people would say we’re going to 100. Lots of companies cut guidance but the difference is too many retail noobs that don’t understand the company are in the stock.
I am in the deep red. I still like the PLTR company what they do. I will add more if it is below $9
Karp preaches about how amazing their product is and how they're a company who excels during wars and hard times… Yet we're declining in every category, every quarter…
Can you imagine paying these stupid executives millions of dollars to read off the slides? Me neither because I sold. I was a hardcore bull but karp needs to go. If the majority of the SBC is going to executives, they are just taking advantage of the stockholders.
Alex Karp can be as much of an A-hole as he wants, as long as the share price is growing… right now he is just an a-hole…
Great summary Tom!
How are the companies that use Palantir software doing? This should be their impact right?
I dunno why u bother going thru all these details for this POS co u been promoting forever. Money is better out elsewhere
Sold this crap at low 20s and never looked back
Well I've been saying im holding this stock for 10+ years but now that they've had one average quarterly earnings call in the middle of a recession I'm going to sell it all – every palantir investor today
Pathetic.
Epic
Yes shorter videos please. Good content and fast delivery. Thanks 🙏
Tom married this stock hahaha
BNGO 🔥🔥🔥Public service announcement, its a good time to keep an eye on BNGO … this stock had so much hype last year , reached $17 and got beaten down all the way to the 1-2 $ range … its making a come back and it been given a $12 PT by Oppenheimer and BTIG and rated as a strong buy.. the time to buy is now …. do your DD
Their tech is sophisticated and it’s not easily adoptable or for teams to use. Large companies need to adopt it for growth to go exponential.
Headline: "$PLTR CRASHES TO LOWS NOT SEEN SINCE LAST WEEK" lol
I think it's way too early to judge whether the new sales teams are working or not.