In 2024, a company called Palantir Technologies was very popular. Their shares reached a new record high of $45. This is very exciting because it means that a lot of people are buying their shares and they are making a lot of money. They make special computers that help people make decisions by looking at lots of data. They are used by many different companies and the government, which is why they are so popular. This is good news for people who have invested in the company. Read from source...

Why is the media so...NEWS 10 hours ago

A recent article by author AI Palmer has caught the attention of readers and critics alike. The article, titled "The Media is So Biased and It's Making Us Crazy," has been met with mixed reviews, with many praising Palmer's insights and others highlighting inconsistencies and biases in his arguments.
One of the main criticisms of Palmer's article is the emotional language used throughout the piece. Critics argue that by using emotionally charged language, such as "crazy" and "biased," Palmer is not only failing to engage in a rational discussion but also potentially exacerbating the very problem he is trying to address.
Additionally, some readers have pointed out that Palmer's arguments are inconsistent. For example, while he argues that the media is biased, he also claims that it is not the media's responsibility to be unbiased. This inconsistency has led some critics to question the validity of Palmer's claims.
Another issue raised by critics is the lack of evidence presented in the article. While Palmer makes broad claims about the media's biases, he does not provide any concrete examples or data to support his claims. This lack of evidence has led some readers to question the accuracy of his arguments.
Overall, while many readers found Palmer's article insightful, others were critical of its emotional language, inconsistencies, and lack of evidence. As the media continues to be a hot topic of discussion, it is important to approach such articles with a critical eye and engage in rational, evidence-based debates.

- AI

bearish

Article's Score:
-0.16

Article's Text:

The Silicon Valley software company, Palantir Technologies, experienced a boost in its share prices as it continued to make significant progress in artificial intelligence. With its Artificial Intelligence Platform (AIP), the company showcased real-world use cases for its AI-driven platforms during the recent AIPCon events in September. As a result, the company has seen a surge in its demand for data-driven decision-making tools and AI-enhanced platforms, making significant investments in AI technology over the past decade.

The company has also seen a rise in both government and commercial sectors, with contracts such as the U.S. Army's Project Maven extension and a new $178 million contract for Project TITAN. The Maven contract alone is estimated to bring in $90 million annually. Additionally, Palantir has partnered with the Department of Defense's Chief Digital and Artificial Intelligence Office (CDAO) for a $480 million contract, further solidifying its leadership in defense-related AI applications.

Investors have been attracted to the company's growth prospects, with its inclusion in the S&P 500 on September 23rd. The company now has more institutional and mutual fund investment, according to Investors.com.

While Palantir's revenue has continued to grow, reaching $2.23 billion in 2023, its growth has slowed down, with revenue growth rates of 24% in 2022 and 40% in 2021. Despite this slowdown, the company's gross margin remains strong at 81%. The stock boasts a price-to-earnings (P/E) ratio of 243.82 based on trailing 12-month earnings and its forward P/E stands at 99.01.

Investors should carefully consider Palantir's growth prospects, as the company has made significant strides in AI technology and has secured government contracts, which could provide a solid foundation for future growth. However, the company's slowing revenue growth rate and high P/E ratio could be cause for concern for some investors.