Michael Burry is Wrong: I'm Siding With Palantir and Shyam Sankar

Palantir reported last night and the numbers were historic. Revenue grew 85% year over year to $1.63 billion, beating expectations of $1.54 billion. US revenue crossed 100% growth for the first time, up 104% year over year. Net income quadrupled to $871 million. The Rule of 40 score hit 145%, a level matched only by Nvidia, Micron, and SK Hynix. Full year guidance was raised to 71% growth, 10 points ahead of prior guidance. Alex Karp wrote in his shareholder letter that these results "dwarf the performance of essentially every software company in history at this scale." This morning I make the case that Michael Burry's reasoning for shorting Palantir is flat out wrong and too emotional, and that I am siding with the business and with Alex Karp on this one. I also touch on BWXT and compare Nancy Pelosi's portfolio with David Tepper's.Rigatoni Capital is a daily morning podcast for long term, buy and hold investors. This is not a show for short term traders or people looking for quick wins. Every morning I go through the most important headlines in finance, markets, and macro, and call out fake narratives in the financial media so you know what actually deserves your attention and what to ignore.Subscribe to Rigatoni Capital on Substack: https://rigatonicapital.substack.comDisclaimer: This blog is for informational purposes only and does not constitute financial advice. All opinions are my own, and I am not a financial advisor. The information provided reflects my personal views and is intended to encourage discussion and thought among readers. Investments involve risk, including the loss of principal, and past performance is not indicative of future results. Always conduct your own research or consult with a qualified professional before making any financial decisions.#investing #stocks #finance #wallstreet #stockmarket #investor #wealth #money #financialfreedom #passiveincome #dividends #compounding #longterminvesting #buyandhold #valueinvesting #portfoliomanagement #bitcoin #crypto #macro #Nasdaq #SPY #QQQ #SP500 #Palantir #PLTR #AlexKarp #MichaelBurry #BWXT #NancyPelosi #DavidTepper #AIstocks #EarningsSeason #SoftwareStocks #stockanalysis #marketwatch #RigatoniCapital$PLTR $BWXT $QQQ