Overview
- ARK Invest disclosed a roughly $11.15 million purchase of about 85,485 Palantir shares across five ETFs, a vote of confidence that helped steady sentiment in recent trading.
- Wedbush reaffirmed an Outperform rating and called Michael Burry’s view that Anthropic will displace Palantir a “fictional narrative,” citing U.S. commercial revenue up 137% year over year and government revenue up 66%.
- Michael Burry said he is still holding long-dated put options against Palantir and argues Anthropic threatens the company’s position, with the stock showing double‑digit losses this year.
- Government ties remain central to the competitive picture, as reporting notes the Pentagon has restricted Anthropic’s access and moved to formalize Palantir’s Maven software as a program of record, though a proposed national‑security designation for Anthropic was paused by a federal appeals court.
- Palantir posted $1.407 billion in quarterly revenue, up 70% year over year, and guided 2026 sales to around $7.18 billion, yet a trailing price‑to‑earnings ratio above 200 leaves the shares highly sensitive to shifting expectations.