Ferocious Smoke

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Well, Palantir earnings are out, and while the company bragged of “ferocious growth” and pledged to become “the most important software company in the world“, the shares – – which briefly jizzed their way up to about $130 – – are currently plunging.

When I mentioned how PLTR was the beneficiary of its funder’s closer relationship with the federal government (that is, supposed human Peter Thiel), a non-paying user here on my website absolutely freaked out, decrying my speculation as absurd. I would note that the company has proudly just announced that its federal government revenue is up 45% from last year.

How about that! So, yeah, right on that one too.