Palantir (PLTR)
One of the biggest headlines came from Palantir (PLTR), which tumbled nearly 15% after Citron Research compared its valuation to OpenAI and claimed it was worth just $40 a share. That spooked traders, but to me, the selloff looks more like noise than a sign. Palantir’s Q2 2025 revenue surpassed $1 billion, with a 48% YoY increase. US commercial sales nearly doubled, contract value surged 222%, and 157 deals worth at least $1 million closed.
Palantir’s stock fell due to momentum, crowded trade, and short-sellers’ pounce, with no fundamental breakdown, but volatility.
My take: Palantir is no longer just a defense contractor; it’s becoming the operating system for enterprise AI. Dips like this are part of the ride, and they will most likely happen again. This stock is tricky to understand because, unlike companies with decades of stable history, Palantir is still finding its footing in the market. If you believe in the long-term adoption of AI across industries, PLTR remains a Strong Buy—but you need the patience and stomach for sharp pullbacks along the way.
Stay tuned for my thoughts on the Fed’s signal toward an interest rate change at Jackson Hole!