Jo Betsy
01-07

$Palantir Technologies Inc.(PLTR)$

Today, while NVDA led the S&P 500 index to surge, the super hot stock PLTR plummeted, and TSLA also showed extreme weakness (it's entirely possible that it will close down today). The notion that the so-called AI trend is shifting from infrastructure providers like NVDA to downstream AI-related software is unfounded, at least lacking in insight, and is more about capital manipulation targeting specific stocks, with PLTR being the most obvious bubble stock. Palantir, at its core, is a pseudo-AI company that struggles to scale up, which is crucial for its business model. The true nature of this stock is a people business, not AI. As for TSLA, it represents the end of the strong rallies that have completely detached from fundamentals since the election on November 7th.

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