Latest news with #Gotham
Economic Times
19 hours ago
- Business
- Economic Times
Palantir to create vast federal data platform tying together millions of Americans' private records, stock jumps
What exactly is Palantir building for the U.S. government? Live Events How are privacy advocates reacting to this deal? Is Palantir stock still a good investment after the spike? What's next for Palantir and U.S. government surveillance? (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel Palantir Technologies (NYSE: PLTR) is back in the spotlight after securing a major federal contract that could reshape how the U.S. government uses data. Under the new agreement backed by the Trump administration, Palantir will build a vast centralized data platform that connects sensitive records from across key agencies—including the IRS, Social Security, immigration databases, and more. This platform, powered by Palantir's Gotham software, is designed to analyze behavioral patterns in real-time, flag potential threats, and support decisions around public safety and fraud stock market liked what it saw. Palantir shares jumped 5.38% after the announcement and are now trading over 150% higher compared to post-election 2024 levels. But behind the stock surge, there's a deeper story about privacy, AI surveillance, and what it means when one tech firm gets the keys to America's isn't just improving old databases—it's building what some experts are calling the most expansive civilian surveillance infrastructure in U.S. history. Instead of scattered files and spreadsheets, the platform will use real-time data integration and artificial intelligence to profile behavior, detect fraud, and identify individuals or patterns deemed risky by the the core of the project is Palantir's Gotham software. Already used by defense and intelligence agencies, Gotham will now be used on the domestic front. It doesn't just track information—it makes judgments. It could influence everything from how benefits are distributed to who gets flagged for closer scrutiny by law enforcement or immigration to the original TipRanks report, this platform will act like a 'central intelligence layer,' consolidating millions of personal records under a single AI-powered liberties groups are raising serious alarms. Their concerns go beyond standard data centralization. The issue isn't just where the data goes—it's who controls it, how it's used, and what happens when it's warn that this system could easily evolve into a digital dragnet. With no clear public oversight or legal guardrails, it could be used for political purposes, targeted surveillance, or even immigration crackdowns. Critics say the move consolidates both data and power, raising fears of misuse during an already polarized political there's a question of permanence. What starts as fraud detection could quickly morph into a tool of control, particularly in an election year where data is already being reported by Wired and The Daily Beast, another part of this federal data effort—led by Elon Musk's Department of Government Efficiency (DOGE)—is building a parallel system to track and monitor immigrants using personal data. This has sparked even more concern among privacy the buzz, Wall Street remains divided. According to TipRanks data, Palantir currently holds a 'Hold' rating from analysts. Out of 18 analyst ratings in the last three months, only 3 are Buy, while 11 are Hold and 4 are average 12-month price target is $100.13—about 18% below the current trading price. That suggests analysts think the market may be too optimistic about Palantir's government deal and its long-term see Palantir's role in this federal contract as a major breakthrough in data infrastructure. But others worry the company is now exposed to significant political risk. A future administration could pull back on the contract, impose stricter regulations, or dismantle the program Palantir's recent work with Fannie Mae on AI-driven mortgage fraud detection shows how its tools are expanding into both public and private sectors. Whether that becomes a strength or a liability in the long run depends on how the company handles its growing contract marks a major shift in how the federal government handles data and how much it relies on private tech firms like Palantir to manage sensitive information. With real-time analytics, profiling tools, and AI-assisted threat detection, this deal could define how the state operates in the digital with that power comes scrutiny. This is more than just a tech upgrade—it's a test of how far AI can go inside the state and whether the public will accept may be winning in the stock market for now. But the real story is still unfolding—and it could have long-term implications for privacy, civil rights, and the balance of power in America's digital infrastructure.
Time of India
19 hours ago
- Business
- Time of India
Palantir to create vast federal data platform tying together millions of Americans' private records, stock jumps
Palantir to create vast federal data platform tying together millions of Americans' private records, stock jumps: Palantir Technologies (NYSE: PLTR) is back in the spotlight after securing a major federal contract that could reshape how the U.S. government uses data. Under the new agreement backed by the Trump administration, Palantir will build a vast centralized data platform that connects sensitive records from across key agencies—including the IRS, Social Security, immigration databases, and more. This platform, powered by Palantir's Gotham software, is designed to analyze behavioral patterns in real-time, flag potential threats, and support decisions around public safety and fraud detection. The stock market liked what it saw. Palantir shares jumped 5.38% after the announcement and are now trading over 150% higher compared to post-election 2024 levels. But behind the stock surge, there's a deeper story about privacy, AI surveillance, and what it means when one tech firm gets the keys to America's data. What exactly is Palantir building for the U.S. government? Palantir isn't just improving old databases—it's building what some experts are calling the most expansive civilian surveillance infrastructure in U.S. history. Instead of scattered files and spreadsheets, the platform will use real-time data integration and artificial intelligence to profile behavior, detect fraud, and identify individuals or patterns deemed risky by the system. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Pakistan: Jewelry On Sale For Half Price! (See Price List) Luxury Jewelry | search ads Undo At the core of the project is Palantir's Gotham software. Already used by defense and intelligence agencies, Gotham will now be used on the domestic front. It doesn't just track information—it makes judgments. It could influence everything from how benefits are distributed to who gets flagged for closer scrutiny by law enforcement or immigration officers. According to the original TipRanks report, this platform will act like a 'central intelligence layer,' consolidating millions of personal records under a single AI-powered lens. Live Events How are privacy advocates reacting to this deal? Civil liberties groups are raising serious alarms. Their concerns go beyond standard data centralization. The issue isn't just where the data goes—it's who controls it, how it's used, and what happens when it's wrong. Groups warn that this system could easily evolve into a digital dragnet. With no clear public oversight or legal guardrails, it could be used for political purposes, targeted surveillance, or even immigration crackdowns. Critics say the move consolidates both data and power, raising fears of misuse during an already polarized political climate. And there's a question of permanence. What starts as fraud detection could quickly morph into a tool of control, particularly in an election year where data is already being weaponized. As reported by Wired and The Daily Beast, another part of this federal data effort—led by Elon Musk's Department of Government Efficiency (DOGE)—is building a parallel system to track and monitor immigrants using personal data. This has sparked even more concern among privacy watchdogs. Is Palantir stock still a good investment after the spike? Despite the buzz, Wall Street remains divided. According to TipRanks data, Palantir currently holds a 'Hold' rating from analysts. Out of 18 analyst ratings in the last three months, only 3 are Buy, while 11 are Hold and 4 are Sell. The average 12-month price target is $100.13—about 18% below the current trading price. That suggests analysts think the market may be too optimistic about Palantir's government deal and its long-term profitability. Some see Palantir's role in this federal contract as a major breakthrough in data infrastructure. But others worry the company is now exposed to significant political risk. A future administration could pull back on the contract, impose stricter regulations, or dismantle the program altogether. Still, Palantir's recent work with Fannie Mae on AI-driven mortgage fraud detection shows how its tools are expanding into both public and private sectors. Whether that becomes a strength or a liability in the long run depends on how the company handles its growing influence. What's next for Palantir and U.S. government surveillance? The contract marks a major shift in how the federal government handles data and how much it relies on private tech firms like Palantir to manage sensitive information. With real-time analytics, profiling tools, and AI-assisted threat detection, this deal could define how the state operates in the digital age. But with that power comes scrutiny. This is more than just a tech upgrade—it's a test of how far AI can go inside the state and whether the public will accept it. Palantir may be winning in the stock market for now. But the real story is still unfolding—and it could have long-term implications for privacy, civil rights, and the balance of power in America's digital infrastructure.
Yahoo
a day ago
- Business
- Yahoo
Palantir Stock Hit a Record High in May and It Leads the Nasdaq-100 in 2025. History Says This Will Happen Next.
Palantir stock is leading the Nasdaq-100 higher in 2025 with a 63% year-to-date gain. Forrester Research has ranked Palantir as a leader in artificial intelligence platforms. Palantir stock topped 100 times sales twice this year, a valuation few software companies ever attain. 10 stocks we like better than Palantir Technologies › Palantir (NASDAQ: PLTR) rocketed to a record high of $130 per share on May 14. The stock has since retreated modestly, but it still leads the Nasdaq-100 with a 63% year-to-date return as of May 27. Can Palantir maintain its momentum in the remaining months of 2025? History says this will happen next. Palantir develops data analytics software for clients in the commercial and government sectors. Its primary platforms (Gotham and Foundry) let users integrate information, train machine learnings models, and query data. And its adjacent artificial intelligence platform (AIP) is a large language model orchestration tool that lets clients infuse operations with generative AI. Palantir's key differentiator is an ontology-based software architecture. The ontology is a framework that sits atop datasets and models. It defines the relationship between digital information and physical assets like factories, equipment, and supplies. The ontology not only lets users query data to improve decision-making but also creates a feedback loop that yields better insights over time. Palantir reported impressive first-quarter financial results. Revenue increased 39% to $884 million, the seventh consecutive acceleration, due to especially strong sales growth in the government segment. And non-GAAP net income increased 62% to $0.13 per diluted share. Management also raised full-year guidance such that revenue is projected to increase 36% in 2025. Palantir is well positioned to maintain that momentum. Forrester Research has ranked the company as a technology leader in artificial intelligence and machine learning platforms, a market forecast to grow at 40% annually to reach $153 billion by 2028. Morningstar analyst Mike Giarelli earlier this year wrote, "This company can be the next software juggernaut." However, investors should not ignore valuation. It may not matter much to the market right now, but valuation always matters eventually. And Palantir shares currently trade 265 times adjusted earnings. That looks very expensive for a company whose earnings are forecast to increase 41% in 2025. However, Palantir has topped the consensus earnings estimate for six consecutive quarters, beating it by an average 10%. I just mentioned that Palantir's price-to-earnings (P/E) ratio is extremely high for a company whose earnings are forecast to increase at 41% this year. Having said that, one could argue that because Wall Street has regularly underestimated Palantir, earnings may increase much faster than anticipated. So, let's consider valuation from another perspective. Palantir attained a price-to-sale (P/S) ratio above 100 in February, and it hit that level again in May. I reviewed the valuations of more than 50 software stocks during the last 20 years: Only six others achieved a P/S multiple above 100 during that period, and all of them eventually declined at least 70%, as discussed below: Bill Holdings traded at 103 times sales on Sept. 8, 2021. The stock eventually declined 87%. Cloudflare traded at 114 times sales on Nov. 18, 2021. The stock eventually declined 83%. SentinelOne traded at 106 times sales on Sept. 16, 2021. The stock eventually declined 82%. Snowflake traded at 184 times sales on Dec. 8, 2020. The stock eventually declined 72%. SoundHound AI traded at 111 times sales on Dec. 26, 2024. The stock eventually declined 70%. Zoom Communications traded at 124 times sales on Oct. 19, 2020. The stock eventually declined 90%. As shown above, only six software stocks beside Palantir have reached 100 times sales during the last two decades, and the average peak-to-trough decline was 81% after attaining that valuation. We can apply that number to Palantir to make an educated guess about what may happen in the future. Specifically, Palantir closed at $124.62 per share on Feb. 18, the day the stock reached its peak valuation of 107 times sales. It will eventually decline 81% to $23.67 per share if its performance matches the historical average. That implies roughly the same amount of downside from its current share price of $123. Of course, past performance is no guarantee of future results, and there is always a chance Palantir is an exception to the rule. But I think investors should avoid buying the stock at its current price. The risk-reward profile is heavily skewed toward risk. 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 $653,389!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $830,492!* Now, it's worth noting Stock Advisor's total average return is 982% — a market-crushing outperformance compared to 171% 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 May 19, 2025 Trevor Jennewine has positions in Palantir Technologies. The Motley Fool has positions in and recommends Bill Holdings, Cloudflare, Palantir Technologies, Snowflake, and Zoom Communications. The Motley Fool has a disclosure policy. Palantir Stock Hit a Record High in May and It Leads the Nasdaq-100 in 2025. History Says This Will Happen Next. was originally published by The Motley Fool
Geek Tyrant
3 days ago
- Entertainment
- Geek Tyrant
Will Matt Reeves' THE BATMAN: PART II Have a Co-Director? — GeekTyrant
Matt Reeves' The Batman was a bold, brooding noir that reimagined Gotham as a dark and gritty detetective-driven crime thriller. The director did such a great job with the film, and fans have been patiently waiting for the sequel. Reeves has been developing The Batman: Part II for years, and he's also been going through some personal matters, which has slowed the process. While Gunn has confirmed that Reeves is still attached to direct, a new rumor suggests he might not go it alone for the sequel. On The Hot Mic podcast, entertainment scooper Jeff Sneider said: 'I mean, I'd be surprised if he directed the movie alone. If he remains on board as director, why isn't it conceivable that he could have a co-director? Particularly James Gunn. 'I don't know, it could be anybody. I'll tell you who's just hanging out there in the wind: Mr. Sam Raimi.' I love that he just dropped Raimi's name. The man behind Evil Dead and Tobey Maguire's Spider-Man trilogy just 'hanging out in the wind'? That's one way to stir the Bat-pot! I'd personally love to see Raimi direct a Batman movie! But, his style is so different from Reeves' I'm not sure it would the right team up. Let's be clear here, though, there's no confirmation here, but the idea of Reeves potentially bringing on a co-director feels… out of place. His take on the Caped Crusader is focused and particular. Mixing another voice with a different style into the mix, especially one as distinct as Raimi's, could throw off-the balance. The sequel's been in development since it was first announced at CinemaCon back in April 2022. It was once aiming for a 2026 release but is now officially slated for October 1, 2027. According to earlier reports, Reeves 'has been sending pages for more than half a year' and a 'first full draft of the script is expected to be delivered by Memorial Day.' At this point, Warner Bros. hasn't dropped any plot details, but Robert Pattinson will return to take on the role of Bruce Wayne aka Batman. I also imagine we'll see Zoe Kravits back as Catwoman and Colin Farrell as The Penguin. So… could Reeves bring in another filmmaker to help carry the weight? Maybe. Would that compromise the artistic clarity fans loved about the first film? Also maybe. Until we hear something official, though, it's all speculation.
Yahoo
3 days ago
- Business
- Yahoo
PLTR vs. COHR: Which AI-Driven Tech Stock Has More Upside Now?
Both Palantir Technologies Inc. PLTR and Coherent Corp. COHR are major players in the AI and data infrastructure space. Palantir is a leading provider of enterprise-level artificial intelligence software, specializing in data integration, large-scale analytics, machine learning operations, and decision-making platforms. Its core platforms — Palantir Gotham, Foundry and Artificial Intelligence Platform (AIP) — are specifically built to empower organizations in both government and commercial sectors to harness the power of their data through real-time decision intelligence and AI-driven operations. Coherent is a critical supplier of optical and semiconductor technologies, with increasing relevance in AI hardware infrastructure. Its products include high-speed optical transceivers, lasers, compound semiconductors, and advanced substrates, all of which are essential for the high-bandwidth, low-latency data transmission required in AI-centric applications such as data centers, autonomous systems and edge computing. Palantir's AI strategy is comprehensive, combining its proprietary Foundry and Gotham platforms with a solid plan to promote AI adoption across both government and commercial sectors. Its AI Platform (AIP) is the backbone of these capabilities, enabling organizations to process large datasets and derive real-time insights. This is especially valuable in sectors requiring extensive data integration, such as defense, healthcare, finance and intelligence, where operational efficiency and decision-making speed are critical. In the government sector, Palantir is aligning its AI strategy with U.S. defense priorities. Its work in high-profile initiatives, such as the Department of Defense's Open DAGIR project, highlights its ability to modernize military operations through AI-driven solutions where data interoperability and real-time decision-making capabilities are imperative. These capabilities solidify Palantir's position as a key player in the defense sector. In the commercial space, Palantir's AIP boot camps — providing hands-on experience to over 1,000 companies — have proven instrumental in customer acquisition. Boot camps showcase the platform's capabilities and demonstrate its adaptability across logistics, manufacturing and supply chain management. Palantir's core customer base comprises businesses seeking tailored AI/ML services, particularly large government and corporate clients willing to invest heavily in its systems. This has generated solid revenues, registering a 21.3% CAGR from 2020 to 2024. Rising AI workloads are significantly increasing traffic between data centers, necessitating that the telecom industry boost investments in higher-capacity interconnects. This surge is fueling widespread upgrades across optical transport networks, which are essential for efficiently handling the surging data movement driven by AI operations. The exponential growth in AI results in massive data generation and processing, and complex AI models — especially large language models (LLMs) and generative AI systems — are increasingly reliant on ultra-fast, low-latency data transmission infrastructure. As a result, there is mounting pressure on data center operators to upgrade their interconnectivity with cutting-edge technologies. Consequently, demand for Coherent's datacom products, particularly high-speed optical transceivers, has seen a substantial upswing due to this AI-driven infrastructure transformation. Coherent's optical transceivers play a critical role in enabling high-bandwidth, low-latency communication between graphics processing units, AI accelerators, and storage systems, components vital to AI model training and inference at scale. In particular, shipments of 800G transceivers have increased meaningfully, driven by strong and growing demand from hyperscalers like Google, Amazon, Microsoft and Meta, all of which are aggressively expanding their AI capabilities. These transceivers enable faster connectivity within data centers, facilitating parallel processing and real-time inference operations across distributed compute clusters. Furthermore, Coherent's transceivers are not only helping manage current AI workloads but are also paving the way for next-generation data center architectures. Their products are designed to handle the increasing complexity and scale of AI model deployments, making them indispensable for hyperscale customers looking to future-proof their infrastructure. As the AI revolution accelerates, Coherent's role in delivering the optical hardware backbone of AI computing continues to grow in strategic importance, making it a key beneficiary of the global pivot toward intelligent, high-performance digital infrastructure. The Zacks Consensus Estimate for Palantir's current year sales and EPS indicates year-over-year growth of approximately 37% and 44%, respectively. This indicates a solid performance trajectory, with EPS estimates trending upward over the past 30 days, signaling increased optimism from analysts about Palantir's continued profitability and operational leverage, particularly as demand for its AI-driven platforms accelerates. Image Source: Zacks Investment Research In comparison, Coherent's current year sales are projected to grow about 22.6% year over year, a notable figure though slightly more modest than Palantir's top-line growth. However, Coherent stands out more prominently on the bottom line, with EPS expected to rise by over 100%, outpacing Palantir's EPS growth rate by a considerable margin. Like Palantir, EPS estimates for Coherent have also been trending higher over the past 30 days, reflecting growing confidence in its earnings recovery, particularly amid the AI-fueled surge in demand for high-speed optical components and data center infrastructure. Image Source: Zacks Investment Research COHR is currently trading at a forward 12-month P/E ratio of 19.13X, which is well below its 12-month median of 30.45X, indicating a potential undervaluation. In contrast, PLTR holds a much higher forward 12-month P/E ratio of 191.04X, though still below its median of 225.63X. While both stocks are trading at a discount to their historical valuations, Coherent appears far more attractively priced from a valuation standpoint, suggesting greater room for multiple expansion, especially given its accelerating earnings growth tied to AI infrastructure demand. While both Palantir and Coherent are benefiting from the AI boom, Coherent appears to offer more near-term upside. Its critical role in AI infrastructure, surging demand for high-speed optical components, stronger projected EPS growth, and significantly lower valuation multiple make it a more attractively priced AI play. Palantir's software leadership is compelling, but Coherent's combination of strategic relevance, earnings momentum, and undervaluation gives it the edge for investors seeking upside potential. COHR and PLTR carry a Zacks Rank #3 (Hold) each at present. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Coherent Corp. (COHR) : Free Stock Analysis Report Palantir Technologies Inc. (PLTR) : Free Stock Analysis Report This article originally published on Zacks Investment Research ( Zacks Investment Research
