- META
- PLTR
- NVDA
President Trump’s latest disclosure with the Office of Government Ethics shows that his brokerage accounts made 1,051 trades in June. Those accounts are managed by third-party financial institutions, meaning Trump himself was not responsible for the decision to buy or sell any security.
Even so, the trades are worth examining. For example, Trump’s accounts sold a substantial amount of stock in two popular artificial intelligence companies in June, as detailed below:
Missed Nvidia in 2009? This Rare Signal Is Flashing Again.In 2009, a “Double Down” signal flashed for a little-known chipmaker called Nvidia. For the first time in years, that same “Total Conviction” signal is flashing for a company 1/100th the size of Nvidia.Continue »
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Palantir Technologies (NASDAQ:PLTR) was traded four times, with net sales totaling $414,000 to $785,000.
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Meta Platforms (NASDAQ:META) was traded seven times, with net sales totaling $687,000 to $4.2 million.
However, transactions that took place in June have little relevance today. In fact, most Wall Street analysts think Palantir and Meta Platforms are undervalued. Here are the important details.
Palantir Technologies: 20% upside implied by Wall Street’s median target price
Palantir develops data analytics and artificial intelligence (AI) platforms to help customers in the public and private sectors integrate information, identify actionable insights, and automate work. Some analysts view Palantir as the emerging standard in enterprise AI due to its unique software architecture.
Traditional analytics platforms are largely built around dashboards that tell customers what is happening. But Palantir built its software around a decision-making framework called an ontology, which helps customers decide what should happen next and execute that action directly within the platform. In other words, Palantir doesn’t just analyze data; it actually connects data to operations.
Palantir is also popular because it provides flexibility and privacy. Its artificial intelligence platform is an agnostic orchestration tool for large language models, which means clients can swap models without rewriting underlying applications. Its platform also includes governance controls to ensure business data is never fed back to model developers.
Palantir reported phenomenal financial results in the second quarter. Revenue increased 93% to $1.9 billion, marking the 12th consecutive acceleration, and non-GAAP net income increased 215% to $0.41 per diluted share. The company also reported a phenomenal Rule of 40 score of 155%.
