Palantir Stock Nearly Doubles In May — But Analyst Still Thinks It's 'Contentious' AI Play
Portfolio Pulse from Shanthi Rexaline
Palantir Technologies' stock has soared 90% since May, but RBC Capital Markets analyst Rishi Jaluria believes the company falls short as an AI company. Jaluria thinks Palantir and Asana will be hurt by generative AI and questions their positioning and data. He also mentioned Salesforce, Microsoft, HubSpot, and MongoDB as companies that can truly benefit from generative AI.
May 31, 2023 | 9:48 am
News sentiment analysis
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NEGATIVE IMPACT
RBC analyst Rishi Jaluria thinks Asana will be hurt by generative AI and questions the company's positioning and data.
Rishi Jaluria's negative outlook on Asana's potential to benefit from generative AI could impact investor sentiment and potentially lead to a decline in the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
NEGATIVE IMPACT
Palantir's stock has risen 90% since May, but RBC analyst Rishi Jaluria questions the company's AI capabilities and believes it will be hurt by generative AI.
Rishi Jaluria, an analyst at RBC Capital Markets, believes Palantir falls short as an AI company and will be hurt by generative AI. This negative outlook on the company's AI capabilities could impact investor sentiment and potentially lead to a decline in the stock price in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
Salesforce is mentioned by RBC analyst Rishi Jaluria as one of the companies that can truly benefit from generative AI.
Rishi Jaluria's positive outlook on Salesforce's potential to benefit from generative AI could boost investor sentiment and potentially lead to an increase in the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
HubSpot is mentioned by RBC analyst Rishi Jaluria as one of the companies that can truly benefit from generative AI.
Rishi Jaluria's positive outlook on HubSpot's potential to benefit from generative AI could boost investor sentiment and potentially lead to an increase in the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
MongoDB is mentioned by RBC analyst Rishi Jaluria as one of the companies that can truly benefit from generative AI.
Rishi Jaluria's positive outlook on MongoDB's potential to benefit from generative AI could boost investor sentiment and potentially lead to an increase in the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50
POSITIVE IMPACT
Microsoft is mentioned by RBC analyst Rishi Jaluria as one of the companies that can truly benefit from generative AI.
Rishi Jaluria's positive outlook on Microsoft's potential to benefit from generative AI could boost investor sentiment and potentially lead to an increase in the stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 50