$Microsoft(MSFT.US)$Palantir Tech(PLTR.US) The fundamentals are fine; the ups and downs follow IGV. The sector narrative is still weak currently $iShares Expanded Tech Software Sector ETF(IGV.US)
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$Microsoft(MSFT.US)$Palantir Tech(PLTR.US) The fundamentals are fine; the ups and downs follow IGV. The sector narrative is still weak currently $iShares Expanded Tech Software Sector ETF(IGV.US)
For a period of time, the market has been valuing PLTR based on application stocks, with its price movements following the IGV index rather than the defense sector. After the two targeted operations in Venezuela and Iran, will the fundamentals of defense technology give PLTR additional valuation compared to software stocks? The divergence of PLTR relative to IGV in the night market can be seen as a confirmation.
$Palantir Tech(PLTR.US)$iShares Expanded Tech Software Sector ETF(IGV.US)
Since the sharp drop on the 2.5, BTC has been fluctuating around 66k and ETH around 1.9k. Software stocks have pulled back, and cryptocurrencies, as a software application, seem to have been dragged down together, consistent with the trend of IGV. There's been a tendency to test previous lows again in the past two days. The market is currently in a state of insufficient liquidity. Whichever sector AI horror stories hit, that sector becomes jittery. This is even more true for risk assets like crypto. It can be seen that the trading volume of MSTR and BMNR has significantly declined over the past two weeks, and other crypto-related stocks are similar. Last week, the White House organized the third round of mediation...
