AirAsia X has called recent media reports claiming its Philippine operations were being grounded “coordinated and sensationalised” and part of a “deliberate smear campaign”. In a statement, the airline group said the smear campaign had long been occurring in an attempt to undermine fair competition in the Philippine aviation sector. “Such narratives serve only the interests of those seeking to lim...
AirAsia X has called recent media reports claiming its Philippine operations were being grounded “coordinated and sensationalised” and part of a “deliberate smear campaign”. In a statement, the airline group said the smear campaign had long been occurring in an attempt to undermine fair competition in the Philippine aviation sector. “Such narratives serve only the interests of those seeking to limit consumer choice and create conditions that could lead to a monopoly in the market,” it said. “A...
When Nvidia CEO Jensen Huang makes his second visit to South Korea in just seven months this week, it won't be only to meet top memory chip and robotics executives, but to throw the first pitch at a baseball game and appear on a TV talk show. Samsung Electronics and SK Hynix between them make about 70% of the memory needed for AI chips like Nvidia's. And the country's strength in manufacturing a...
When Nvidia CEO Jensen Huang makes his second visit to South Korea in just seven months this week, it won't be only to meet top memory chip and robotics executives, but to throw the first pitch at a baseball game and appear on a TV talk show. Samsung Electronics and SK Hynix between them make about 70% of the memory needed for AI chips like Nvidia's. And the country's strength in manufacturing and robotics sets it up to be a key player in physical AI, where AI is embedded in robots, cars and factories. "Nvidia's dependence on South Korean suppliers is rising," Jeff Kim, an analyst at Seoul-based KB Securities, wrote in a research note.
pingingz/iStock via Getty Images Elevator Thesis I had a pretty simple point of view in my last piece . Palantir ( PLTR ) was transitioning from AI experimentation to a company that was slowly becoming part of customers' daily operations. That was the main concept at the time, and it still stands today. To transform raw AI into actual business decisions, Palantir leverages AIP and Ontology. Once t...
pingingz/iStock via Getty Images Elevator Thesis I had a pretty simple point of view in my last piece . Palantir ( PLTR ) was transitioning from AI experimentation to a company that was slowly becoming part of customers' daily operations. That was the main concept at the time, and it still stands today. To transform raw AI into actual business decisions, Palantir leverages AIP and Ontology. Once the company integrates this platform into its daily activities, customer spending naturally grows. If you consider the latest results, I would say part of the story has happened exactly as expected. It is clear that Palantir is firing on all cylinders with its Q1 FY26 results. Total revenue rose by 85% year-over-year to $1.63 billion , driven by a massive growth in the U.S. market. The standout was U.S. commercial revenue, which jumped 133% to $595 million. The numbers indicate that customers are getting past minor pilots. They are putting Palantir's software directly into production and increasing adoption once they achieve success. It's the quality of this growth that shines through more. Net dollar retention saw a remarkable push to 150% as existing customers are spending significantly more. Not to mention that the average revenue of their top 20 customers rose to $108 million. Palantir has officially won the argument that its technology is effective. But now the big question is how much of the global AI budget can they get before growth normalizes. This change of mentality is exactly what we're seeing in the stock. Despite a strong quarter and a bumped-up full-year revenue guidance of around $7.65 billion, the market's reaction was pretty muted. Its stock price hovers at $152, significantly below a 52-week high of $207.52. That's because investors are past the initial adoption hype. Any further upside is going to depend on the ability to prove that budget capture can meet high expectations. Therefore, I am changing my rating from Strong Buy to Hold for now. AI Has Become...