Palantir Technologies Inc. Class A Common Stock

Snowflake Inc.

+2.34% gain on a wild day. 

Sold $SNOW  in AH yesterday. Did not like what I read in the ER report that included widening losses and lowered guidance along with slowed growth. Does not justify this steep valuation and for me it’s a no go. 

Purchased $PLTR as it was on the top of my watch list. Reason: AI product offerings, growth in commercial sector, solid guidance, and achieving profitability.  Yes it is overvalued however, this is more justified than $SNOW for now. 
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EBT margin improved YoY, -45.6% to -37.3% for SNOW. Sequentially is worsened but that's normal for them as the same thing occurred in their previous Q4 to Q1. EBT margin is also nearly 1,000bps better TTM vs. previous TTM. I agree that their softening guidance is a concern though. I'm not selling but I'm also not adding.