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breaking down tech, business, & stocks $PLTR
$PLTR
PALANTIR HITS $1B IN REVENUE FOR THE FIRST TIME EVER IN Q2.
- $1B revenues, +48% YoY
- $733M US revenues, +68% YoY
- $553M government revenues, +49% YoY
- 849 customers, +43% YoY
- Raised guidance to $4.1B, +45% YoY
- 46% adj. operating margins, +24% YoY
- Closed 157 deals of at least $1M
- Rule of 40 of 94%
- $6B in cash
CEO Alex Karp's statement:
"Just tell the haters: read 'em and weep."
Speechless.

281,28K
$TSLA
I was at a car wash yesterday and someone walked up to me and started asking me about FSD.
"Can it really drive itself? Does it work on the highways? Would I be able to trust it? You sure you aren't scared?"
I went on to explain how much I've been using FSD and how it really is beginning to feel natural.
SO many people still don't know if self driving is real or if it will ever be a thing. The one thing he said that stuck with me was "Man, I am just getting so tired of driving."
The feeling I get when I don't have to do every little part of the drive but can rather just monitor the vehicle while I'm thinking is so freeing...when we get unsupervised FSD, it's GG.
149,57K
WHY $FIG FIGMA IS ONE OF THE DIRTIEST GAMES WALL STREET PLAYED ALL YEAR:
Let’s dive in.
Figma sold 36M shares to the public at $33/share, raising $1.2B.
24M shares came from investors, 12M came from insiders.
Big banks usually underwrite an IPO.
Underwriting is a fancy way of saying that Goldman, JPMorgan, etc. analyze the business and try to figure out what it’s worth.
They all told Figma that the business is worth $33/share…but then the banks took those 36M shares after giving Figma the $1.2B and…
then priced them at $100 a share.
Wall Street made about $2B on the difference between $100 and $33 simply because they sucked at pricing the IPO.
Why do I say they sucked? Well if someone is willing to pay $100 for something that is “underwritten” at $33…if the value of an asset is what someone is willing to pay for it…Figma could’ve went public at $100 and raised an extra $2B for themselves.
IPO season is back and the banks are cashing in, long financials 🚀

72,45K
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