Why do people not like Palantir?

Palantir is considered evil because the people who run it have strong beliefs about what they want the future to look like, and they act aggressively on those beliefs. To outsiders, it may look like Palantir is relentlessly building the most intrusive, nefarious surveillance and analysis tools they possibly can.

Is Palantir an unethical company?

The company, which embodies all that is wrong and unethical about data science, has never turned a profit, despite signing multi-million dollar contracts with all kinds of entities giving it access to citizens’ data, in what appears to be the largest attempt in history to create a global macro-database a private …

Why is everyone talking about Palantir?

Palantir’s investors likely considered the ICE news to be a big setback for the company’s long-term plans to become the “default operating system for data across the U.S. government.” It also indicated the U.S. government was willing to court bigger tech companies to reduce its overall dependence on Palantir, which …

Is Palantir a good company?

Palantir is known as one of the top providers of data analytics in the industry to some big government agencies. It has remained loyal to the U.S. government and this has helped it win multiple deals. For Q2, Palantir stated that revenue from the U.S. government had grown 90\% YoY.

Why is Palantir buying gold?

PLTR Stock Has a New Catalyst 17, it was reported that the company bought $50.7 million in gold bars as part of its internal investment strategy. In an interview, COO Shyam Sankar stated that the purchase “reflects more of a worldview … You have to be prepared for a future with more black swan events.”

Is Palantir overvalued?

Price-to-sales ratio is another important valuation metric, particularly for unprofitable companies and growth stocks. The Verdict: At its current price, Palantir stock appears to be extremely overvalued based on a sampling of common fundamental valuation metrics.

What is it like to work at Palantir?

It refers to a magical “seeing stone” that lets you see what’s happening in faraway lands. Palantir offers plenty of Valley style perks like free breakfast, lunch and dinner, dry-cleaning/laundry and gym reimbursement. Palantir prefers its employees live closer to the office and pays a housing stipend to help.

How much is Palantir debt?

Total Assets

Is Palantir a good stock?

Palantir (NYSE:PLTR) published a stronger than expected set of Q2 2021 results as it continued to see robust demand for its software and services. Total revenues rose by about 49\% year-over-year to $376 million, while adjusted earnings stood at $0.04 per share, up from $0.01 per share last year.

Who bought 50 million in gold bars?

Palantir
Palantir bought $50 million in gold bars in August, the company disclosed in its latest earnings statement. The move reflects a growing company stashing cash in an unconventional asset in response to economic uncertainty spurred by the coronavirus pandemic and governments’ response to it.

How much is a 100 oz bar of gold worth?

Volume Pricing Current Spot Price: $1,816.22