Upgrades - TD Cowen upgraded Medpace (MEDP) to Hold from Sell with a price target of $419, down from $462, indicating that shares now reflect fair value [2] - Citizens upgraded Rush Street Interactive (RSI) to Outperform from Market Perform with a price target of $24, highlighting the company's durable business model in the online gaming space [2] - Baird upgraded Itron (ITRI) to Outperform from Neutral with a price target of $128, up from $118, following a positive Q4 report [3] - Rosenblatt upgraded Cadence Design (CDNS) to Buy from Neutral with a price target of $360, up from $335, citing solid Q4 results [3] - Mizuho upgraded Palantir (PLTR) to Outperform from Neutral with an unchanged price target of $195, noting significant revenue growth and margin expansion [3] Downgrades - Citizens downgraded Workday (WDAY) to Market Perform from Outperform without a price target, due to the return of founder Aneel Bhusri as CEO and the need for time and investments for AI innovation [4] - Williams Trading downgraded Crocs (CROX) to Sell from Hold with a price target of $84, up from $75, citing eroding demand in the U.S. [4] - Citizens downgraded Similarweb (SMWB) to Market Perform from Outperform without a price target, following a significant revenue miss in Q4 and disappointing guidance [4] - Truist downgraded Genuine Parts (GPC) to Hold from Buy with a price target of $127, down from $162, noting ongoing disappointments in the auto business despite positive business separation [4] - BTIG downgraded Masimo (MASI) to Neutral from Buy after Danaher (DHR) announced an acquisition agreement for $180/share in cash [4]

Company Insights - Apple Inc. (AAPL) is outperforming its peers, with a stock increase of 1.7% in February, while the Nasdaq 100 Index has decreased by 3.3% [2] - Berkshire Hathaway Inc. (BRK.B) reduced its holdings in Apple, Bank of America Corp. (BAC), and Amazon.com Inc. (AMZN) in Q4 2025, while initiating a new position in the New York Times Co. (NYT) [3] - Palantir Technologies Inc. (PLTR) is relocating its headquarters from Denver to Miami, reflecting a trend of tech and finance companies moving to Florida for various advantages [4] Market Performance - US equity markets are underperforming compared to foreign markets, with the State Street SPDR S&P 500 ETF (SPY) flat year-to-date, while the iShares MSCI ACWI ex US ETF (ACWX) has risen by 8.8% [4] - The current performance marks the worst start for US markets relative to global markets since 1995, attributed to a falling US dollar, a slump in Big Tech, political uncertainty, and high valuations [4]

Eisman podcast, ex $PLTR FDE”Maybe I shouldn't say this, but within Palantir we sometimes mused that all of the value we provided was just getting all of the people in a room together,,,,literally none of those people had ever been in a room together."https://t.co/9W14ypOdD0 ...

Core Insights - Rackspace Technology and Palantir Technologies have formed a strategic partnership to enhance the deployment and operation of AI solutions for enterprises, focusing on measurable business outcomes [1][4] Partnership Overview - The partnership aims to enable customers to deploy AI use cases in production within weeks or months, significantly reducing the time compared to traditional methods [2][4] - Rackspace will provide a governed operating model that ensures consistent security, operating controls, and compliance, particularly for regulated industries [2][4] Implementation and Support - Organizations often struggle to derive value from AI due to a lack of in-house expertise; Rackspace will assist in prioritizing high-impact business problems and delivering implementation services [3][4] - Rackspace currently has 30 Palantir-trained engineers, with plans to scale this number to over 250 within the next year to support data migration and implementation [3] Customer Benefits - The partnership combines Rackspace's 25 years of experience in managing enterprise workloads with Palantir's decision-intelligence platform, offering a turnkey deployment model that reduces risk and operational burdens [4] - Customers can expect accelerated timelines for data migration, with Palantir AIP reducing completion times from years to days [5] Integrated Service Delivery - The collaboration aims to provide an end-to-end solution for deploying, governing, and operating AI across data environments, integrating infrastructure hosting, data migration, and ongoing managed operations [6]

Core Viewpoint - Palantir Technologies has been upgraded to "Outperform" from "Neutral" by Mizuho Securities, with a price target set at $195, highlighting its unique position in the AI and data analytics sector [1] Group 1: Company Performance - The analyst emphasized that Palantir is "in a category of one" due to its total revenue growth and margin expansion, which are described as unparalleled in the software industry [1]

Investment Opportunities - Japan plans to invest $36 billion in U.S. oil, gas, and critical mineral projects as part of a $550 billion pledge under a trade deal with the Trump administration [3][4] - The Portsmouth Powered Land Project in Ohio will receive a significant portion of this investment, generating 9.2 gigawatts of electricity annually and operated by SB Energy, a subsidiary of SoftBank Group [4] - The Texas GulfLink deepwater crude oil export facility, valued at $2.1 billion, is expected to generate $20-30 billion in annual U.S. crude exports, totaling $400-600 billion over twenty years [5] Company Developments - Palantir Technologies has relocated its headquarters from Denver to Miami, although the company did not provide a specific reason for the move [7][8] - YouTube experienced a major outage affecting over 350,000 users globally due to a glitch in its recommendation system, which has since been resolved [6][7] Market Trends - Futures for Dow, S&P, and Nasdaq are showing positive movement, with crude oil prices up 0.3% at $62 per barrel and Bitcoin increasing by 0.8% to over $68,000 [9] - Allegro MicroSystems is set to host an Analyst Day event in Boston, focusing on its strategy, growth opportunities, and financial model [10]

Investment Opportunities - Japan plans to invest $36 billion in U.S. oil, gas, and critical mineral projects as part of a $550 billion pledge under a trade deal with the Trump administration [3][4] - The Portsmouth Powered Land Project in Ohio will be a significant focus, generating 9.2 gigawatts of electricity annually and operated by SB Energy, a subsidiary of SoftBank Group [4] - The Texas GulfLink deepwater crude oil export facility, valued at $2.1 billion, is expected to generate $20-30 billion in annual U.S. crude exports, totaling $400-600 billion over twenty years [5] Company Developments - Palantir Technologies has relocated its headquarters from Denver to Miami, although the company did not provide a specific reason for the move [7][8] - YouTube experienced a major outage affecting over 350,000 users globally due to a glitch in its recommendation system, which has since been resolved [6][7] Market Trends - Futures for Dow, S&P, and Nasdaq are showing positive movement, with crude oil prices up 0.3% at $62 per barrel and Bitcoin increasing by 0.8% to over $68,000 [9] - Allegro MicroSystems is set to host an Analyst Day event in Boston to discuss its strategy, growth opportunities, and financial model [10]

Core Insights - NVIDIA remains the leader in AI hardware, but its high trailing P/E ratio of 45x and flat year-to-date performance indicate that much of its growth is already priced in, prompting investors to seek alternatives with better risk/reward profiles [1] Group 1: Company Performance - Advanced Micro Devices (AMD) reported Q4 revenue of $10.3 billion, exceeding estimates of $9.76 billion, with data center revenue growing 39% year-over-year to $5.4 billion [1] - Palantir Technologies achieved Q4 revenue of $1.41 billion, surpassing estimates of $1.36 billion, with U.S. commercial revenue surging 137% year-over-year to $507 million [1] - Snowflake reported Q3 revenue of $1.21 billion, beating estimates of $1.18 billion, with a year-over-year growth of 29% [1] Group 2: Valuation and Market Position - AMD's trailing P/E ratio stands at 79x, but its forward P/E is 31x, suggesting growth is reasonably priced, with a target price of $287.20 indicating significant upside potential [1] - Palantir's stock trades at a trailing P/E ratio of 209x and a price-to-sales ratio of 70x, raising concerns about sustaining its premium valuation despite impressive growth metrics [1] - Snowflake has a price-to-sales ratio of 14x and a negative profit margin of 31%, indicating that investors are paying a premium for a company still burning cash [1] Group 3: Growth Metrics - Palantir's total contract value reached a record $4.26 billion, up 138% year-over-year, with a net income increase of 670% year-over-year [1] - Snowflake serves 688 customers generating over $1 million in annual revenue, with remaining performance obligations of $7.88 billion, up 37% year-over-year [1] - AMD achieved 217% year-over-year earnings growth and 34% revenue growth, positioning it as a strong competitor in AI chips [1]

Core Insights - Peter Thiel's Founders Fund has completely divested from ETHZilla, a digital asset treasury firm holding Ethereum, amid a downturn in the crypto market [1][4] - The digital asset treasury strategy gained traction last year, with firms accumulating cryptocurrencies as reserve assets, but the current market conditions have led to significant pressure on these firms [2][4] Company Performance - ETHZilla, formerly known as 180 Life Sciences, has faced challenges due to the declining value of Ethereum, reducing its holdings from over 100,000 ETH to 69,802 ETH [8][9] - The company has executed multiple sales of Ether, including a $40 million sale for share buybacks and a subsequent $74.5 million sale to repay debt [8][9] Market Context - Ethereum experienced a 28.4% decline in Q4 2025, marking its first negative fourth quarter since 2022, with further declines in early 2026 [5] - The broader crypto market has been under pressure, with significant losses reported by digital asset treasury firms, including BitMine, which has unrealized losses exceeding $7 billion [7]

RT Zarathustra (@zarathustra5150)@NickSzabo4 Surely, Palantir isn’t the only one with an Israeli asset problem…. ...