Brian Stewart, our fearless director of news here at Seeking Alpha.

Welcome back to Wall Street Breakfast.

Always great to talk to you.

Happy Friday.

Thank you, Rina.

How are you doing?

Doing well, doing well, doing well.

Thank you for asking.

So I did a podcast this week after Palantir's earnings with Julian Lynn on our investing experts

podcast. And he was going through the reasons why he is short the stock. We've seen a crazy

run up in the stock this week. but he was mentioning valuation as a concern.

What are you looking at when it comes to Palantir and that side of the market?

Yeah, just to set the stage, Palantir up 27% in the past week, most of that, obviously, coming in the post-earnings glow.

However, it has carried

that post earnings rally forward. So there's some lingering excitement even after that initial jump

up. I think you're right to point out valuation. That's what a lot of people are saying

is sort of the concern now, especially after moving 27% in a week.

Also, just the competitive AI field makes, you know, a difficult environment to operate in.

But people are giving praise to Palantir just for it's got a pretty good moat in the sense that a large chunk of its business is government related.

It develops software platforms for the intelligence community, so that gives it kind of a bulwark against the sort of ins and outs of the commercial market.

Though one of the standout items in the earnings report was the strong growth it saw in the U.S. commercial market

as well. So it's got a broad-based business and it has that sort of government's bulwark

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