Wedbush's Dan Ives explains why Palantir is the 'Messi of A.I.'
Dan Ives, managing director of equity research at Wedbush Securities, and CNBC's Steve Kovach join 'The Exchange' to discuss Palantir's path to monetizing AI, the use cases for AI in the battlefield, and Palantir expanding from government to commercial with AI. For access to live and exclusive video from CNBC subscribe to CNBC PRO: cnb.cx/2NGeIvi
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Пікірлер: 195
Dan is 100% correct. PLTR is a re-rating story, and has multi-bagger written all over it.
@jcgoogle1808
10 ай бұрын
They're just trying to ride the coat tails of the AI hype. There isn't a larger defense contractor who hasn't been and isn't already doing what PLTR is claiming to do. And PLTR loses $300 million a year. They're the pet rock of the 2023 AI bubble.
@awh4272
10 ай бұрын
@@jcgoogle1808 they've reported profits the last 2 quarters and are applicable in multiple industries, which will soon be realised.
@aberf0yle
10 ай бұрын
@@jcgoogle1808 Profitable company now that is going to be included into the S&P 500 soon. You clearly don't know what you are talking about. Loses 300 milllion a year? Which year? Why don't you go read some earnings reports from 2023 for a change.
@aberf0yle
10 ай бұрын
No debt either, they are sitting on a pile of cash
@AndrejCilic
5 ай бұрын
please check everything u said. frank advice, so u dont sound uninformed on a different occasion. cheers!@@jcgoogle1808
At $7 people said PLTR was a waste of money. At $18 they are saying they missed the boat. If PLTR goes to $250 someday... it's great to see Dan Ives gets it. LFG PLTR!
@almoreno3299
10 ай бұрын
$250 with 2 billion shares outstanding. Not going to happen.
@costamesa22
8 ай бұрын
@@almoreno3299😂 so as an example Microsoft as a 7 billion share float and what’s their market cap ? …..
@almoreno3299
8 ай бұрын
@@costamesa22Sorry, but PLTR shouldn't be mentioned in the same breath as Microsoft. Not even close. I mean come on; MSFT makes over 200 billion/year in revenue.
Best CNBC clip all week!
@dereks66
10 ай бұрын
Agree. Plus Morgan is a total babe.
@jcgoogle1808
10 ай бұрын
They're just trying to ride the coat tails of the AI hype. There isn't a larger defense contractor who hasn't been and isn't already doing what PLTR is claiming to do. And PLTR loses $300 million a year. They're the pet rock of the 2023 AI bubble.
@aberf0yle
10 ай бұрын
@@jcgoogle1808 stop spreading misinformation and go read some earnings reports
I'm a simple man; I see Dan Ives, I click & watch.
I'm not kidding when I say that the market crash and high inflation have me really stressed out and worried about retirement. I've been in the red for a while now and although people say these crisis has it perks, I'm losing my mind but I get it Investing is a long-term game, so focus on the long run.
@jessicasquire
10 ай бұрын
I can’t focus on the long run when I should be retiring in 3years, you see I’ve got good companies in my portfolio and a good amount invested, but my profit has been stalling, does it mean this recession/unstable market doesn’t provide any calculated risk opportunities to make profit?
@Erikkurilla01
10 ай бұрын
@@Lemariecooper I’ve been down a ton, I’m only holding on so I can recoup, I really need help, who is this investment-adviser that guides you?
@Erikkurilla01
10 ай бұрын
@@Lemariecooper She appears to be well-educated and well-read. I just ran a Google search for her name and came across her website, thank you for sharing.
@nathandam6415
10 ай бұрын
This is obvious spam. Report accordingly. There are also bots here in the replies as well.
@draye872
10 ай бұрын
Bots. Please report. Don’t fall for it.
When Dan talks you listen
@user-ow1bn6qv8q
10 ай бұрын
He just chases the hype and momentum. He downgraded his golden child Tesla to $175 just 6 months ago. Now that that stock price recovered some he just bumped it to $300. He is clueless and doesn't offer anything of value.
@dannynguyen5608
10 ай бұрын
@@user-ow1bn6qv8qyoure describing most analysts if not all are like this..
@user-ow1bn6qv8q
10 ай бұрын
@@dannynguyen5608 Exactly!
@kendallhughes7507
10 ай бұрын
@@user-ow1bn6qv8q hater/shorter have a seat.
@jcgoogle1808
10 ай бұрын
They're just trying to ride the coat tails of the AI hype. There isn't a larger defense contractor who hasn't been and isn't already doing what PLTR is claiming to do. And PLTR loses $300 million a year. They're the pet rock of the 2023 AI bubble.
Where can I find the full wedbush's report about Palantir?
I bought it at $7 and was told im stupid for paying that much. 😂
@jcgoogle1808
10 ай бұрын
That's what they said about FTX. They're just trying to ride the coat tails of the AI hype. There isn't a larger defense contractor who hasn't been and isn't already doing what PLTR is claiming to do. And PLTR loses $300 million a year. They're the pet rock of the 2023 AI bubble.
@theshapeexists
10 ай бұрын
@@jcgoogle1808 its normal for a company thats scaling to lose money. Ever heard of a company called Amazon? They're always scaling and losing money. BTW. Palantir is in the black now. Just wait. Comparing a crypto company to palantir is hilarious. Ftx had no fundamentals, crypto has no fundamentals. Palantir is actually a very useful data company.
@toughtestPup
10 ай бұрын
You are
Dan understands the tech and moat!
DAN is the Messi of equity analyst 🧑🏼🚀🔮
@keto6789
10 ай бұрын
Say what you want, but he's always right.
@knee-deep1967
10 ай бұрын
Dan is right about pltr. They are the only true pure AI play out there since 2003. Once wall street understands pltr's real value, the stock will rocket (post 2023). Hold onto your shares peeps.
@user-ow1bn6qv8q
10 ай бұрын
@@keto6789 Is he? 6 months ago he downgraded Tesla price target to $175 a share. Then it ripped and he just upped it to $300. He's not always right. He chases momentum on share price movement. Classic clueless analyst.
@kennethli8
10 ай бұрын
Maybe, but I know he is clueless of what is AI.
@jcgoogle1808
10 ай бұрын
They're just trying to ride the coat tails of the AI hype. There isn't a larger defense contractor who hasn't been and isn't already doing what PLTR is claiming to do. And PLTR loses $300 million a year. They're the pet rock of the 2023 AI bubble.
As an investing enthusiast, I often wonder how top level investors are able to become millionaires off investing. I've been sitting on over $745k equity from sale and I'm not sure where to go from here, is it a good time to buy into stocks or do I wait for another opportunity?
@robertvowles2207
10 ай бұрын
First of all, you could lose it all and you could win it all. It goes both ways. Secondly, what works for A may not necessarily work for B and you should not be a bandwagon investor. A good number of folks are raking in huge 6 figure gains in this downtrend, but such strategies are mostly successfully executed by folks with in depth market knowledge
@bobyalex3308
10 ай бұрын
Facts!! Since the market became extremely volatile and pressure increased ( I should be retiring in 17 months), I took the decision to work closely with a financial advisor. It has already been 9 months and counting, and I have made approximately 600k net from all of my holdings.
@susankankare8625
10 ай бұрын
@@bobyalex3308That's impressive, my portfolio have been taking all year, tried learning new strategies to gain in the current market but all of that flew right over head, please would you mind recommending the advisor you're using.
@bobyalex3308
10 ай бұрын
@@susankankare8625There are a lot of independent advisors you might look upto. But I work with ROBERT WALTERS and we have been working together for nearly four years he is excellent. You could proceed with him if he satisfies your discretion. I endorse him!
@lisanity1609
10 ай бұрын
@@bobyalex3308How do I get in touch with WALTERS ?
I agree 100% with Dan. Pltr he’s the best company r now data and AI. Great company will Be huge in the future
Love how Dan speaks in area codes
That blonde is gorgeous!
Forget government business, AIP is the only way how you can bring AI to enterprise in a scalable easy way. It’s because they had the foundation ready with foundry which is needed to operationalize AI
Need to see Dan Ives and Tom Lee bull it out
This guy is the co-mascot for market euphoria alongside Cathie Wood.
@thaboog
10 ай бұрын
@@d.r.656 she may have research but has no concept of valuation.
@jcgoogle1808
10 ай бұрын
Yep. They're just trying to ride the coat tails of the AI hype. There isn't a larger defense contractor who hasn't been and isn't already doing what PLTR is claiming to do. And PLTR loses $300 million a year. They're the pet rock of the 2023 AI bubble.
right on dan!
Dan Ives is the best. He is the top analyst in the market right now
The Palantir offering has been offered by other companies in commercial industries for a long time but their unique selling feature is the AI element. Putting data in to one database from many data islands is now common practice amongst many industries but will be interesting what extra Palantir bring to the industry - this has the potential to be an absolute beast of an investment
Chef's kiss.
Best stock you can buy
EVERYBODY, GET IN HERE
I prefer the Shohei Ohtani of AI because at least it can use it's hands.
PLTR to the moon!
I bought on day 1 and I'm in the red for pltr at a $25 average and not worried at all. This is a 10yr+ hold and will pay off in spades.
@Omen6
10 ай бұрын
Same here. $24 avg (brought down from the 30s) and I’ve never been worried for a second. Been buying calls on this run up too and it’s been great. Will hold til $50ish
@Col-T-Invest
10 ай бұрын
Good on you for supporting this name since listing. I only came in recently, riding the AI wave, but have done a lot of DD in last three months and been extremely impressed by Karp and the mission they are trying to accomplish. They've embedded a fantastic culture and set of values which in my view adds significantly to the moat they have from other factors such as their technical leadership and access to high value government clients. I think you'll be cutting through your average cost momentarily and on a double soon. Wall Street is way behind on this one, creating the current opportunity..
@toughtestPup
10 ай бұрын
You'll lose a lot , lol
@awh4272
10 ай бұрын
@@Col-T-Invest thanks. I've seen it hit $46 in a trading day and the fundamentals are great so I'm almost all in, the majority of my holdings by far.
@Omen6
10 ай бұрын
@@toughtestPup it’s up like 250% in the past 8 months. Anyone who bought recently or who had been buying calls has made a ton. Outlook looking good. Don’t be salty you missed out.
Share price reflects earnings not what happens on the battlefield. Many CIO dont need military level analytics, something that is good enough but cheaper to purchase, cheaper to deploy with many skill in the open market is good enough! No need to break the bank, you aren’t about to lose the war if your analytics is 1sec slower
@awh4272
10 ай бұрын
This here is the problem. You have no idea what pltr does. This is a comms problem from pltr not your fault. Pltr saves companies millions of dollars a year by allowing them to pull unknown insights from all their data.
@harlyslamm2888
10 ай бұрын
@@awh4272 As a senior director with over 15 years of experience managing data engineers and big data for BIG tech, I know exactly what Pltr does, I also know there are other better & cheaper products out there. AND This is why you don't see BIG TECH adopting PLTR and will never do. The problem is KZread traders who have no clue about how tech works but regurgitate the same bs for their MEME stock from their well-known source 'Trust me bro'. Pltr has been in the business for over 20 years and has yet to make a meaningful and long-lasting profit, but according to youtube traders who have not a single idea of their profit margin or runrate commercial business, it's any day now!
😂😂😂 here we go again Ai Ai Ai Ai Ai, someone should make a song.
Where's doomshallot?
This will age good, wait for few months and they will dump Palantir and promote another stock. This is just bullcrap.
@justinakers1445
2 ай бұрын
its been a few months.....
Would love to revisit this in 6mo lol
@keto6789
10 ай бұрын
That's what they always say .....
@user-ow1bn6qv8q
10 ай бұрын
@@keto6789 Dan Ives was pumping Palantir in 2021 before it dumped 80% of its share value. He's a loser.
@jcgoogle1808
10 ай бұрын
They're just trying to ride the coat tails of the AI hype. There isn't a larger defense contractor who hasn't been and isn't already doing what PLTR is claiming to do. And PLTR loses $300 million a year. They're the pet rock of the 2023 AI bubble.
@aaa-gaming2562
4 ай бұрын
Six months later
@johnsanford3
4 ай бұрын
@@aaa-gaming2562 nice 4%
lol watch Palantir's testimonials, they handle FAA planes, sewers, Panasonic manufacturing all in real time. Saves bills.
@Col-T-Invest
10 ай бұрын
Yea. The potential for PLTR in each of their verticals (e,g. aerospace, infrastructure, healthcare, manufacturing, defense) is literally insane. They save lives as well as bills.
@jcgoogle1808
10 ай бұрын
PLTR and webdouuche are just trying to ride the coat tails of the AI hype. There isn't a larger defense contractor who hasn't been and isn't already doing what PLTR is claiming to do. And PLTR loses $300 million a year. They're the pet rock of the 2023 AI bubble.
@jcgoogle1808
10 ай бұрын
@@Col-T-Invest And how does AI work in a sewer line???? LOL
@awh4272
10 ай бұрын
@@jcgoogle1808it can help decide how to build pipes for most efficient momement of sewage, help with plant processing decisions, waste management decisions, even with how much to send to a specific plant based on capacity and processing power. Optimising these types of decisions can save millions of dollars annually and help waste and sewage be processed much faster so we get more clean water when we need it etc.
@awh4272
10 ай бұрын
The problem with pltr is that is is so widely applicable that people don't understand how useful it can be in these scenarios. This is a comms problem with pltr.
If you wanna be successful, you most take responsibility for your emotions, not place the blame on others. In addition to make you feel more guilty about your faults, pointing the finger at others will only serve to increase your sense of personal accountability. There's always a risk in every investment, yet people still invest and succeed. You most look outward if you wanna be successful in life.
@joshuahuerta-dp5xc
10 ай бұрын
@@carlossims-jj1bh Success is grace and favor not hard work alone. I am successful today in the ways and manner I invested my daily earnings, and let's stop always looking In ward
#PLTR-Gang
PLTR sure seems like a lot of "trust me bro".
@michaeldawn442
10 ай бұрын
You'll know August 7th when PLTR releases their earning report!
NVIDIA’s AI chip Palantir, Tesla and Ehang are the Messi of their time! They build it and now they will come!
@jcgoogle1808
10 ай бұрын
They're just trying to ride the coat tails of the AI hype. There isn't a larger defense contractor who hasn't been and isn't already doing what PLTR is claiming to do. And PLTR loses $300 million a year. They're the pet rock of the 2023 AI bubble.
I hate Karp but $PLTR has the daily dollar volume to attract the largest funds on the street and I think it has. Any continued growth keeps this thing ripping
Institutions miss the point - LMT serves governments only look at their stock price.
Russian's last word before being killed in air strike targeted with Palantir! *"Damn you American meme Stock!"*
the blonde is hot - and PLTR is hot too!
"Commercial client" free money on the buyout but better gains elsewhere
Morgan Brennan is beautiful!!!!!
Now we’re talking…
PUMP AND DUMP someone lost some money. Trying to make it back. No crystal ball homie
Palantir is the messin of Ai!
Hot air!
@fatronjones
10 ай бұрын
You just mad cause you missed out on Palantir 😆
@jcgoogle1808
10 ай бұрын
@@fatronjones What did he miss???,.....The collapse from $35 to $7? NVDA lied through their teeth about rev's being 50% higher this Q. TSM manufactures all of their chips and they cut revs last Q and projected cuts for the rest of the year. PLTR and webdouuche are just trying to ride the coat tails of the AI hype. There isn't a larger defense contractor who hasn't been and isn't already doing what PLTR is claiming to do. And PLTR loses $300 million a year. They're the pet rock of the 2023 AI bubble.
🤫🤫🤫
If Dan can be an equity analyst then everyone on KZread can be because he barely says anything factual but just says some big words. Messi of AI but without providing any context. Palantir might be a great company but it aint Messi of AI.
@khalid7915
10 ай бұрын
Bingo.. Dan Ives = Dumb Probably got this job on CNBC through family relations or affirmative action for special needs On merit CNBC would never hire a guy who seems like he didn't even get his GED
@jcgoogle1808
10 ай бұрын
Yep. They're just trying to ride the coat tails of the AI hype. There isn't a larger defense contractor who hasn't been and isn't already doing what PLTR is claiming to do. And PLTR loses $300 million a year. They're the pet rock of the 2023 AI bubble.
@ajj53
10 ай бұрын
Do you even have a clue about Dans reputation? Wow
@jcgoogle1808
10 ай бұрын
@@ajj53 Apparently he's a guy who works at Webdouche, wears pink suits and pumps a stock (13 out of 16 analysts have a sell or hold rating on) that loses $300 million per year and is down 75% from its 2021 highs. What did we miss here? Oh yeah,.. he can't tell us what PLTR does,.. because it's "top secret". How convenient. Apparently he has top secret clearance too???? And if he told us what they did, he'd have tokillus,.. so it's better we don't know,.. but buy the stock. Perfect ponzi scheme propaganda material.
Dan Ives is short on specifics w Palantir
@Col-T-Invest
10 ай бұрын
Not in his report.
So funny how retail investors are jumping with joy with their $500 invested 😅
@drewnight3944
10 ай бұрын
Most retail are make $500 a day on pltr gains.
@dereks66
10 ай бұрын
More like my 10k shares.
@VP-gj6yz
10 ай бұрын
10k
@jcgoogle1808
10 ай бұрын
Yep. They're just trying to ride the coat tails of the AI hype. There isn't a larger defense contractor who hasn't been and isn't already doing what PLTR is claiming to do. And PLTR loses $300 million a year. They're the pet rock of the 2023 AI bubble.
Pump pump pump
So ridiculous these gourous!
None the wiser.
He talks an hour but still doesn’t give any concrete examples of what PLTR does
@brethitmanhart275
10 ай бұрын
It does everything.
@Av-fn5wx
10 ай бұрын
@@brethitmanhart275
@ermalombashi
10 ай бұрын
If you dk keep learning
@jcgoogle1808
10 ай бұрын
Yep. They're just trying to ride the coat tails of the AI hype. There isn't a larger defense contractor who hasn't been and isn't already doing what PLTR is claiming to do. And PLTR loses $300 million a year. They're the pet rock of the 2023 AI bubble.
looking at this comment on meme-ness. Nvidia now has meme-ness. So what is your excuse lol
The bears deserve to be poor
@jcgoogle1808
10 ай бұрын
You sound like someone who rode PLTR from $35 to $7. And NVDA lied through their teeth about rev's being 50% higher this Q. TSM manufactures all of their chips and they cut revs last Q and projected cuts for the rest of the year. PLTR and webdouuche are just trying to ride the coat tails of the AI hype. There isn't a larger defense contractor who hasn't been and isn't already doing what PLTR is claiming to do. And PLTR loses $300 million a year. They're the pet rock of the 2023 AI bubble.
Wedbush 😂
a Bubble for clowns
never say that again
So much fluff, pure price manipulation.
😂 No
Nah fake company
He’s pandering to the Reddit WSB crowd. The real “Messi of AI” is Nvidia…and it’s not close And his comments about moving to non-government enterprises? Microsoft, Amazon, and Google are way ahead of them by providing foundational LLMs as a service within their cloud businesses not to mention Microsoft/Google AI copilots for productivity apps
@SpliffMeister3000
10 ай бұрын
Ai is inherently software...not hardware
@needtocomment
10 ай бұрын
@@SpliffMeister3000 Yes. And that’s where Nvidia’s CUDA platform comes in
@brethitmanhart275
10 ай бұрын
Palantir provide the framework for LLM's to sit in and on top of a companies data. They also provide three other massive products.
@dutchcuts1046
10 ай бұрын
@@needtocommentbro just called nvda gpu's the messi of ai, ok bud
@needtocomment
10 ай бұрын
@@dutchcuts1046 I didn’t call Nvidia GPUs the Messi of AI. I called Nvidia the Messi of AI. Nvidia’s CUDA software platform is even more important to its dominance in AI than the GPUs are
Ai is bust lol
Dont buy this stock, the stock comp for the workers and in particular the ceo is a massive drag and one of the main reasons is sucks balls.
@heinzyketchupy4175
10 ай бұрын
Lmao, the stock compensation has dropped. Learn to read financials. Or go back to sleep
@jcgoogle1808
10 ай бұрын
@@heinzyketchupy4175 And NVDA lied through their teeth about rev's being 50% higher this Q. TSM manufactures all of their chips and they cut revs last Q and projected cuts for the rest of the year. PLTR and webdouuche are just trying to ride the coat tails of the AI hype. There isn't a larger defense contractor who hasn't been and isn't already doing what PLTR is claiming to do. And here's a financial for ya,... PLTR loses $300 million a year. They're the pet rock of the 2023 AI bubble.
Dan Ives has no clue what he's talking about. We are back to the 2021 hype for Palantir, but the company has shown it's nothing but hot air.
@travismrkvicka8217
10 ай бұрын
Yeah, nothing but hot air… oh and 2 billion dollars of annual revenue and broad, growing usage across some of the most powerful nations and companies in the world… 😅.
@fatronjones
10 ай бұрын
It doubled in value since May.
@Av-fn5wx
10 ай бұрын
@@fatronjones stock market is not always the right gauge to measure the impact a company could have on this world.
@jeremyarcaira4779
10 ай бұрын
Lol you haven’t done your research regarding Palantir’s use cases. Have fun being left in the dust. 👋🏼
@jcgoogle1808
10 ай бұрын
Yep. PLTR and webdouuche are just trying to ride the coat tails of the AI hype. There isn't a larger defense contractor who hasn't been and isn't already doing what PLTR is claiming to do. And PLTR loses $300 million a year. They're the pet rock of the 2023 AI bubble.
Sure, here is the message without the grid: The percentage of AI jobs versus the number of open jobs is highest in the UK, followed by China, then the US and India. This suggests that the adoption of AI is growing in the UK and China, and that businesses in these countries are increasingly looking for AI talent. It is also worth noting that the number of AI jobs in China is significantly higher than the number of AI jobs in the US and India. This is likely due to the fact that China is a large and populous country with a rapidly growing economy. Businesses in China are investing heavily in AI, and they are looking for AI talent to help them grow. Overall, the percentage of AI jobs versus the number of open jobs is still relatively small in all four countries. However, it is growing rapidly, and it is likely that the percentage will continue to grow in the coming years. Here are some additional thoughts on the data: The percentage of AI jobs versus the number of open jobs is likely to continue to grow in the coming years. This is due to the fact that AI is becoming increasingly important in a wide range of industries. The growth of AI jobs will create new opportunities for people with the right skills. However, it is also important to note that AI could lead to job losses in some industries. It is important for governments and businesses to prepare for the impact of AI on the workforce. This includes investing in education and training, and developing policies to support workers who are displaced by AI. Specifically, here are the numbers for each country: UK: 0.67% of open jobs are AI jobs, with 16,825 AI jobs. US: 0.22% of open jobs are AI jobs, with 169,045 AI jobs. India: 0.26% of open jobs are AI jobs, with 25,900 AI jobs. China: 0.27% of open jobs are AI jobs, with 33,000 AI jobs. I hope this is helpful!
@Col-T-Invest
10 ай бұрын
Yes. The intense demand for AI engineers is another reason why companies such as PLTR are so valuable at the moment. They can achieve excellent pricing and margins because they are have scarce capability.
@donkeydesiamericanprofessor
10 ай бұрын
@@Col-T-Invest if the demand for artificial intelligence engineers is so intensive why only one job opening / 500
@Col-T-Invest
10 ай бұрын
@@donkeydesiamericanprofessor The demand I've seen in US$1B+ corporates (through one of my roles as a private equity investment advisor) is not for a huge number of AI engineers but for very well qualified and experienced AI engineers. They are prepared to pay really top $$$ for these skills, and although you can get this capability through consulting firms, most of the consulting firms are also struggling to attract enough of this talent. In my view PLTR are very well placed to exploit this dynamic because they already have a lot of AI capability, exciting clients and projects, and an attractive environment for top engineers. You can see that maintaining this is a huge priority for CEO Alex Karp if you watch his interviews. Its one of the reasons why as Dan Ives says, "they are the first phone call". What do you think? I appreciate the data you provided. A source would be interesting. Is there any data to support what I am seeing antidotally across my clients and partner firms?
@jcgoogle1808
10 ай бұрын
Yes if you call being a waiter an AI job. And NVDA lied through their teeth about rev's being 50% higher this Q. TSM manufactures all of their chips and they cut revs last Q and projected cuts for the rest of the year. PLTR and webdouuche are just trying to ride the coat tails of the AI hype. There isn't a larger defense contractor who hasn't been and isn't already doing what PLTR is claiming to do. And PLTR loses $300 million a year. They're the pet rock of the 2023 AI bubble.
They're just trying to ride the coat tails of the AI hype. There isn't a larger defense contractor who hasn't been and isn't already doing what PLTR is claiming to do. And PLTR loses $300 million a year.