Author: Christian Darnton

Christian Darnton is the Founder of Darntons. Christian invests within public markets, specifically innovative companies and equities. He is also the host of Darntons Podcast on Spotify & YouTube, and hosts the Darntons Show on YouTube weekly.

COO Sankar Commentary: Government Prime Meaning: COO Sankar Commentary: Peter Thiel is very much of the view that collaboration is far better than competition when it comes to business. Actually, Peter has mentioned that one must avoid competition at all costs. There is a potential hint that Palantir could now could partner with hardware companies in order to deliver more value. Partnerships with major hardware manufacturers will be key to the future growth of Palantir’s book of U.S. government business, according to the company’s chief operating officer. In an exclusive interview with FedScoop, Shyam Sankar said the artificial intelligence and…

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August 9, 2022 RBC: Palantir Technologies Inc. Our view: We remain Underperform on Palantir, following our analysis of the 10-Q and upon updating our SPAC tracker. Most importantly, we estimate the SPAC-related TCV potentially at-risk of not fully converting into revenue is $406M (note some of this may have already been recognized) and count at least 15 SPAC customers that have substantial doubt as going concerns (based on their respective filings). Separately, incremental data points from the 10-Q were scarce, given Palantir stopped disclosing (as of last qtr) deal value by segment and revenue/margins by customer maturity. Key points: We…

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Investors Need More Action, & A Strategic Plan: The Best Software Does Not Always Win: NDRR Is Going Down: Governmental Lumpiness Has Just Started: Bottom Line: Investors Need More Action, & A Strategic Plan: The first concern comes when looking at Palantir’s capital raise, and the lack of strategy proclaimed by the management. Interestingly, the company raised over $2.4B in revenue, with no debt. Furthermore, Palantir stated that they also closed a $450M delayed draw term loan, in order to have additional dry capital on hand. Many investors had the hopes that Palantir would explain their strategy when it comes…

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The Sales Force Is SO SMALL: Long Term Vision Is Key: Palantir Has The BEST Software: SBC Is Down: Governmental Cycles Have Been Experienced Beforehand: Commercial Growth Is Excellent: The Sales Force Is SO SMALL: Alex Karp mentioned within the Palantir Q&A that the companies sales force still equates to around 1% of the overall employee headcount. In comparison, Snowflake have a sales and marketing team of 2,247 individuals. In fact, this is close to half of their overall employee headcount for Snowflake, which equates to 4,559 individuals. Alex Karp mentioned on the earnings call that for Palantir, they currently…

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Overview: Human Organisation: SBC: Overview: Palantir is Significantly Accelerating Its Pace of Hiring This Year to Help Meet Ambitious Targets. The latest Tweet by Bloomberg states, ‘Palantir is significantly accelerating its pace of hiring this year to help meet ambitious sales goals, defying convention when many other tech firms are freezing headcount or cutting jobs’. Whilst, yes, many investors view this news within a very optimistic light, there are some interesting points to take into consideration in which can be negative. Human Organisation: Firstly, to understand this point, one must understand the idea of human organisation. Companies at their core…

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MORGAN STANLEY: AMD guided in line with our recently reduced numbers for September – below the street – but maintained full year guidance, implying upside to our December target. While expectations may have been higher, we think this is an impressive result given the current environment. Our take: We continue to like the opportunity here, though we can understand some disappointment. Decelerating momentum can be painful for growth stocks; the first small shortfall after several quarters of upside – as we see here with the company guiding below consensus for September – can imply that meaningful headwinds have emerged. When…

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Overview: Chinese Market: Reasons why NXL will gain market share in China EV market NXL’s EV deliveries to continue to grow. New model launches, technology breakthroughs and capacity expansion are NXL’s key share price catalysts: Initiate coverage on China’s smart EV sector with Overweight; Key risks for China’s smart EV sector: We believe NIO, XPeng and Li Auto (NXL) are the ‘New Force’ in EVs amid huge growth potential in the new energy vehicle market in China and globally. Administrative policies are key to a healthy new energy vehicle (NEV) market as we believe financial incentives will be eventually phased…

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Overview: Not Your Grandfather’s Data Warehouse Company. New Product Announcements Expands the Scope for New Workloads: What Was New? Where Was Management Bullish? Overview: Expanding capabilities to better enable app development and transactional workloads evolves Snowflake well beyond its OLAP roots and opens a $248B TAM. Market leading tech and solid execution against a large opportunity makes SNOW one of the most compelling long-term growth stories in software. Not Your Grandfather’s Data Warehouse Company. Snowflake’s 2022Investor Day focused primarily on product announcements and the company’s evolution from a data warehouse to a broader application development platform. While investors may walk…

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Case Study: APEX, powered by Foundry, was deployed at a Fortune 100 CPG company in under 12 weeks. In the 5 months since launching, as a direct result of APEX, the business has: Identified and prevented over $56M in shorted sales orders when there was inventory in the network. Identified and redeployed over $12M of stranded inventory at risk of timing out. Replanned consumption of $3M worth of stock that was being consumed out of rotation and would expire before projected demand consumed it. Automatically planned and executed over 7,000 movements to make the above happen. Annualized, this equates to…

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Morgan Stanley: The Deflation Enablers: Cost pressures should make companies accelerate investments in automation and productivity-enhancing technologies. Many of these technologies are inherently deflationary. Within this note, we provide a shopping list of “deflation enablers.” Persistent inflation in areas such as labor, supply chain/procurement, and energy give rise to transformational investment across industries. While cyclical forces tend to deter investment in an uncertain macro environment, we believe structural changes in demographics, energy policy and security, and an aging capital base make technologies focused on cost reductions and productivity more valuable. Focusing on stocks that enable this productivity and cost reduction…

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