Anthropic and OpenAI present a significant competitive threat to Palantir's business model.
FDEs at Palantir lack stickiness compared to what Anthropic and OpenAI offer; government contracts provide some moat but it is contestable.
Great insight I want to bubble up. "Anthropic/OpenAI will eat $PLTR alive."
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +2.4% | +2.7% |
| 1 week | -2.8% | -4.0% |
| 1 month | +1.3% | +0.8% |
| 3 months | — | — |
| 6 months | — | — |