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Michael Burry is Wrong: I'm Siding With Palantir and Shyam Sankar
Palantir reported last night and the numbers were historic. Revenue grew 85% year over year to $1.63 billion, beating expectations of $1.54 billion. US revenue crossed 100% growth for the first time, up 104% year over year. Net income quadrupled to $871 million. The Rule of 40 score hit 145%, a level matched only by Nvidia, Micron, and SK Hynix. Full year guidance was raised to 71% growth, 10 points ahead of prior guidance. Alex Karp wrote in his shareholder letter that these results "dwarf the performance of essentially every software company in history at this scale." This morning I make…
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