The Trust Layer for Market Analysts

The video discusses news affecting Palantir stock (PLTR), which fell over 7.47% after an announcement regarding issues with its battlefield communications system. The company stated that issues in a Reuters report had been addressed, centering on a September Army memo regarding concerns over Anduril's prototype system. The Army said problems were mitigated immediately, and Palantir added that no vulnerabilities were found on its platform. Palantir's system is noted for its high-quality artificial intelligence, but its high price tag limits growth. The intrinsic value per share for Palantir is assessed at $50.46, while the market price is $173.07, determining that the stock is overvalued. A pull back to 7.5% doesn't mitigate the over valuation and the recommendation is to sell and not to buy this dip.