$PLTR just doubled revenue and still dumped -4.5% premarket.
Q3 revenue up 96% to $2.31B, raised full-year guidance, commercial revenue overtook government for the first time. Textbook beat. Still got sold off.
When even the purest AI profit play can't rally on perfect earnings, it's not a fundamentals problem—it's a positioning and valuation problem.
AI sector is overleveraged and overpriced. Period.
Q3 revenue up 96% to $2.31B, raised full-year guidance, commercial revenue overtook government for the first time. Textbook beat. Still got sold off.
When even the purest AI profit play can't rally on perfect earnings, it's not a fundamentals problem—it's a positioning and valuation problem.
AI sector is overleveraged and overpriced. Period.