In the market right now, there are three companies I’d pay attention to after some fairly harsh sell-offs: AppLovin, Rambus, and Fair Isaac. Everyone has different businesses, but the general idea is the same: the quotes have noticeably moved away from their highs, yet the financial results look much better than you’d think from the chart.
It’s hard to describe Palantir as simply an «AI company» anymore. It’s more like a software layer that helps governments and large businesses turn huge amounts of scattered data into solutions, and in the defense sector — into concrete actions. And the numbers now confirm that behind this beautiful story there really is a business that’s growing very fast.
Nebius I wouldn’t dismiss it just because Michael Burry shorts it. Burry is, after all, a person who can find a bubble even within a bubble. But Nebius has an important feature: it is no longer the story of the “former Yandex.” In 2024, Yandex N.V. fully exited the Russian business, and the remaining international structure was relaunched as an independent Western company focused on AI infrastructure.