PLTR · Palantir Technologies Inc.
AI read · Good for PLTR
The AI's read
Palantir posted blowout Q2 results: revenue +93% and operating cash flow jumped to $1.22B. That shifts the story toward real cash generation, not just top-line hype. The market has only moved ~4.2% and RSI sits at 42, so the move looks reasonable, not stretched. Ark sold ~28,675 and 15,199 shares across ARKK/ARKW, which reads like profit-taking, not a fresh negative signal. We lean bullish because the core numbers give room for further upside and the tape supports the beat. Conviction 85% given Ark trimming some exposure and prior run higher, so manage size accordingly.