Palantir Just Showed Why Nvidia Stock Can Plunge on May 21

Although the busiest week of earnings season is now in the rearview mirror, the most consequential report of the quarter is yet to come. Graphics processing unit (GPU) goliath Nvidia (NASDAQ: NVDA) is slated to lift the hood on its fiscal first-quarter operating results (ending April 26) after the closing bell on Wednesday, May 20.

While all signs continue to point to Nvidia delivering sales and profit growth that’ll easily hurdle Wall Street analysts’ expectations, artificial intelligence (AI) data-mining specialist Palantir Technologies (NASDAQ: PLTR) just showed investors why that might not be enough.

Will AI create the world’s first trillionaire? Our team just released a report on the one little-known company, called an “Indispensable Monopoly” providing the critical technology Nvidia and Intel both need. Continue »

History has a way of rhyming on Wall Street

For all intents and purposes, Palantir crushed expectations with its first-quarter operating results. Revenue soared 85% to $1.63 billion on the heels of 84% growth in U.S. government revenue and a more-than-doubling in U.S. commercial sales. CEO Alex Karp also upped Palantir’s 2026 full-year sales guidance from 61% sales growth to a new projection of 71%.

Palantir is Wall Street’s shining star of AI applications in action, with AI powering the Gotham software-as-a-service platform that the U.S. government relies on to plan and execute military…