Alex Karp on AI: Either we win or China will win
Alex Karp, Palantir CEO, and Chris Johnson, Teletracking co-CEO, joins 'Squawk on the Street' to discuss if Palantir's business can sustain its growth, Teletracking's business in light of its recent partnership and much more.
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This Company Signed an AI Deal With Palantir. Could It Be the Next Big Growth Stock?
Palantir in March announced an artificial intelligence (AI) partnership with Archer Aviation. Archer isn't generating revenue, but it has big plans for growth in the air taxi industry. The company hopes to scale its operations significantly by the end of the decade. 10 stocks we like better than Archer Aviation › Palantir Technologies (NASDAQ: PLTR) has been one of the top artificial intelligence (AI) stocks to own in recent years. And when it partners with a business, that can be a great sign for an emerging company. In March, Palantir announced a deal to work with Archer Aviation (NYSE: ACHR), which could help it scale its manufacturing capabilities, and position it for long-term growth ahead. With Palantir working with Archer, could the aviation company become the next big growth stock to invest in? Archer is in the business of developing electric vertical takeoff and landing (eVTOL) aircraft that can transport people and possibly solve traffic headaches in major cities like New York and Los Angeles. It's in the early stages of producing its Midnight aircraft, and by the end of this year, its goal is to be able to manufacture at least two per month. Leveraging Palantir's AI tools to help improve its processes can help the company hit its goals. By 2030, Archer hopes to be making 650 aircraft per year. The company has been named the official air taxi provider of the Olympic Games in Los Angeles in 2028. A strong showing there could legitimize Archer's business model to a much wider range of consumers, and investors. The key will be producing enough eVTOLs (the Midnight can transport just four passengers) by then and having them ready to go for the Games. But even before that, and as early as this summer, the company expects to deliver a Midnight aircraft (piloted) to the United Arab Emirates. Meeting that goal would be another good sign of progress for investors. A clear risk with Archer's stock at this early stage is that it isn't generating any revenue yet, and its losses are piling up. During the first three months of the year, the company incurred an operating loss of $144 million, versus $142.2 million in the prior-year period. The danger is that as the company scales operations and starts producing aircraft at a fast rate, its expenses could rise quickly. The good news is that the company is well funded with more than $1 billion in cash on its books; It used up $94.6 million over the course of its day-to-day operating activities in the first three months of the year. For now, there appears to be sufficient runway for the business to grow, but I'll be curious to see what its operating expenses and cash burn look like when production really ramps up, and what its margins prove to be on its aircraft. In the past 12 months, shares of Archer have soared 200%, pushing its market cap up to over $5 billion. This is for a business that isn't generating revenue yet, and which is in the early stages of production. At this kind of valuation, investors are taking a big leap of faith on the business and that it will be able to scale effectively and efficiently, which is by no means a sure thing. Investors also shouldn't read too much into its partnership with Palantir, as that may not necessarily result in big gains or cost savings for Archer. While there is a significant market opportunity for Archer in the long run in the air taxi industry, a lot depends on its deployment and production, and the effectiveness of its aircraft. For now, I'd suggest waiting on the sidelines to see how things play out, as there's still considerable uncertainty and risk around the business. At such a high valuation, there isn't any margin of safety for investors. Before you buy stock in Archer Aviation, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Archer Aviation wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $674,395!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $858,011!* Now, it's worth noting Stock Advisor's total average return is 997% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 David Jagielski has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a disclosure policy. This Company Signed an AI Deal With Palantir. Could It Be the Next Big Growth Stock? was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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6 hours ago
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Palantir and TeleTracking Team Up to Enhance Healthcare Operations Using AI-Driven Insights
TeleTracking Technologies, a leading provider of healthcare operations platforms, has teamed up with Palantir Technologies Inc. (NASDAQ:PLTR), known for its expertise in artificial intelligence systems. The two companies have formed a strategic partnership with the goal of transforming how hospitals and health systems make operational decisions, ultimately creating long-term value for healthcare providers around the world. The collaboration will integrate TeleTracking's Operations IQ platform with Palantir Technologies Inc. (NASDAQ:PLTR)'s AI-driven tools, including Foundry and AIP. This combined solution is expected to equip hospitals with near real-time, actionable insights to improve staffing efficiency, speed up decision-making, and ensure that patient needs remain the top priority. As healthcare systems continue to face increasing demands to enhance capacity and coordination without expanding their physical footprint, this partnership represents a significant step forward. By bringing together TeleTracking's operational strengths and Palantir Technologies Inc. (NASDAQ:PLTR)'s cutting-edge technology, the two aim to usher in a new era of intelligent, scalable, and efficient healthcare delivery. Alex Karp, CEO at Palantir Technologies Inc. (NASDAQ:PLTR) made the following comment: 'This partnership with TeleTracking represents the AI revolution in healthcare we are in the midst of—where we continue to move closer to a world where all hospitals and health systems are embracing, implementing and operating with an AI-powered approach, helping to streamline operations allowing for increased focus on providing the best level of care.' Palantir Technologies Inc. (NASDAQ:PLTR) is an American publicly traded company that focuses on developing software platforms designed for analyzing large volumes of data. While we acknowledge the potential of PLTR as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an extremely cheap AI stock that is also a major beneficiary of Trump tariffs and onshoring, see our free report on the best short-term AI stock. READ NEXT: and Disclosure. None. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
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9 hours ago
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Why Palantir Stock Is Jumping Today
Palantir Technologies stock is surging after the latest jobs report from the Bureau of Labor Statistics. Investors think that the latest jobs report supports the path to an interest rate cut this year. Palantir is a very strong business with huge long-term growth potential, but its valuation profile comes with substantial risk. 10 stocks we like better than Palantir Technologies › Palantir Technologies (NASDAQ: PLTR) stock is surging Friday. The software specialist's share price was up 6.3% as of 3:20 p.m. ET. At the same point in the day's trading, the S&P 500 (SNPINDEX: ^GSPC) and Nasdaq Composite (NASDAQINDEX: ^IXIC) were up 1.1% and 1.3%, respectively. After sell-offs in Thursday's trading, growth stocks are rebounding today -- and Palantir is benefiting from the momentum. The latest U.S. jobs report from the Bureau of Labor Statistics (BLS) has investors feeling bullish and is helping to power a rebound for growth stocks after sell-offs yesterday. Growth stocks are seeing strong bullish momentum on the heels of the jobs report the BLS published this morning. The report showed that the U.S. economy added 139,000 jobs in May -- ahead of the 125,000 job additions that had been forecast by Dow Jones. While higher-than-expected hiring data could have been taken as an indication that the U.S. economy is still running hot, the report also cut April's added jobs tally by 30,000 and March's job growth count by 65,000. All in, the May jobs report has helped support the position that the Federal Reserve has a workable path to an interest rate cut this year. The prospect has growth investors excited, and it's likely that a rate cut would be a substantial bullish catalyst for Palantir stock. Palantir has one of the strongest positions in artificial intelligence (AI) software, and there's a high likelihood the business will continue to see very strong growth tailwinds in conjunction with rising demand for its Artificial Intelligence Platform (AIP) service and other offerings. But with the company valued at roughly 77 times expected sales and approximately 219 times expected earnings, shares undoubtedly come with a high level of risk. Palantir appears to be a great company and will likely deliver impressive returns for patient investors, but its valuation profile also opens the door for significant volatility. Before you buy stock in Palantir Technologies, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Palantir Technologies wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $674,395!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $858,011!* Now, it's worth noting Stock Advisor's total average return is 997% — a market-crushing outperformance compared to 172% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 2, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Palantir Technologies. The Motley Fool has a disclosure policy. Why Palantir Stock Is Jumping Today was originally published by The Motley Fool
