---
title: "☕️ [Task Coins Giveaway] Daily Market Talk — Palantir Revenue Jumps 93%"
type: "Topics"
locale: "en"
url: "https://longbridge.com/en/topics/100000000832608.md"
description: "Amazon became the fifth company ever worth $3 trillion. Then Palantir printed 93% revenue growth after the bell while still sitting 40% below its own high."
datetime: "2026-08-04T03:13:50.000Z"
locales:
  - [en](https://longbridge.com/en/topics/100000000832608.md)
  - [zh-CN](https://longbridge.com/zh-CN/topics/100000000832608.md)
  - [zh-HK](https://longbridge.com/zh-HK/topics/100000000832608.md)
author: "[Captain's Watch](https://longbridge.com/en/profiles/24747427.md)"
generator: "portal-rs"
---

# ☕️ [Task Coins Giveaway] Daily Market Talk — Palantir Revenue Jumps 93%

The Dow closed at a record and the reason was not subtle. Crude fell 6% after Trump called off a planned strike on Iran, the inflation math got easier, and money piled into anything that could prove AI spending turns into actual revenue. Amazon became the fifth company ever worth $3 trillion. Then Palantir printed 93% revenue growth after the bell while still sitting 40% below its own high. The one group that did not participate: memory, which cooled 5% to 6% on the same day SanDisk and SK hynix published the first standard for the technology that is supposed to make NAND indispensable to AI. Let's dig in 👇

> **💬 Monday paid up for proven cloud earnings and sold the memory trade, so where does your next dollar go, into the AI names already printing cash, into the memory wreckage everyone just trimmed, or into SG banks ahead of DBS on Thursday?**

## 📊 Quick Recap — What Moved & Why

### 🇺🇸 US — Record Close, And Palantir Broke The Meter After It

**🔑 Key Event:** Cheaper oil, proven AI earnings, and the tape took it. **Dow +693.38 points (****+1.32%****) to a record 53,178.41, S&P 500** **+1.48%** **to 7,600.50, Nasdaq** **+2.1%** **to 25,913.9**, led by $Meta Platforms(META.US) **+6%****,** $Microsoft(MSFT.US) **+4.9%****,** $Alphabet(GOOGL.US) **+4.9%****,** $NVIDIA(NVDA.US) **+2.9%****,** $Tesla(TSLA.US) **+3.5%**. $Amazon(AMZN.US) **closed** **+5.4%** **at $286.16 and became the fifth company ever worth $3 trillion**, on AWS at **$42.2 billion**. Then Palantir landed after the bell: **revenue +93% to $1.935 billion**, **US commercial +149% to $764 million**, adjusted EPS **$0.41 versus $0.34** expected, full-year guidance raised to **$8.15 billion**. Shares rose about **10%** after hours and are still **31% down year to date, 40% off the high**. Fundamentals accelerated all year while the multiple compressed all year. That gap is the whole debate.

**👀 Other to Watch**

-   $Palantir Tech(PLTR.US)**, the rest of the print** → GAAP net income **$1.062 billion at a 55% net margin**, US government revenue **+90% to $809 million**, US commercial guided above **$3.424 billion** for the year (+134%), adjusted free cash flow **$4.5 to $4.7 billion**. Growth and cash, which is what the premium has to be paid out of.
-   **US ISM manufacturing** → **55.6 in July**, up 2.3 points and the **highest since May 2022**. New orders 56.7, employment **52.8, its first expansion in 33 months**.
-   **Memory (**$Seagate Tech(STX.US) **-6%****,** $Western Digital(WDC.US) **-6%****,** $SK Hynix(SKHY.US) **-5%****,** $Micron Tech(MU.US) **-5%****)** → the one group that sat out a 2% Nasdaq day, which is what profit-taking looks like when **Micron is still +188% and SanDisk +412% year to date**. The fundamental news went the other way on the same day: **SanDisk and SK hynix released the first High Bandwidth Flash technical specification through the Open Compute Project**, covering up to **512GB per device**, 8-high and 16-high NAND stacks, bandwidth grades from roughly **0.4TB/s to 3.0TB/s**, and a UCIe chiplet link to CPUs and GPUs. Reported industry supply is sold out into 2027. Price action and roadmap are pointing in opposite directions this week, and SanDisk reports Friday morning SGT.
-   $Coreweave(CRWV.US) **+19.6%****,** $Nebius(NBIS.US) **+14%** → the neocloud trade snapped back one session after credit-spread and AI-financing jitters knocked it down. **Nebius signed a compute agreement with Reflection AI worth over $1 billion through 2029**, and **Truist upgraded CoreWeave to Buy** after a 42% drawdown. Hyperscaler capex guidance is now the read-through everyone is trading.
-   $Snap(SNAP.US) → revenue **+19% to $1.60 billion**, adjusted EBITDA **$250 million**, free cash flow **$121 million**, daily actives **+5% to 493 million**, and the line that matters, non-advertising revenue **+85% to $316 million** as subscriptions scaled. Q3 guided to **$1.70 to $1.74 billion**. North American daily users are still down 7%, so this is a monetisation story, not a growth-reacceleration story.
-   $ON Semiconductor(ON.US) → **+5%** after hours on EPS of **$0.74** versus $0.71 expected and revenue of **$1.6 billion**, with Q3 guided to EPS of **$0.81 to $0.93** on revenue up to **$1.75 billion**. The first credible sign that industrial and auto power demand has bottomed.
-   $GameStop(GME.US) → about **-12%** after agreeing to exchange roughly **$1.4 billion** of convertible notes for common stock. Cleaner balance sheet, real dilution, and a 35-session pricing window for the market to argue about it.

> @Heroic Lifesaver**:** "Microsoft delivered exactly what the market wanted to see: AI investments are translating into accelerating business performance rather than simply higher costs. As long as cloud demand and AI monetisation continue to outpace spending, the long-term uptrend remains intact despite the premium valuation."

### 🇸🇬 Singapore — Best PMI Since 2018, Quiet Tape, Loud Filings

**🔑 Key Event:** The macro beat the tape. **July manufacturing PMI edged up to 51.4 from 51.3**, a twelfth straight month of expansion and the **highest since November 2018**. The index stayed quiet: **STI closed Monday at 5,612.28 (****-0.29%****)**, then traded near **5,626.66 intraday Tuesday (****+0.26%****)**. The filings did the work. $ParkwayLife Reit(C2PU.SG) **released 1H2026 results before the open**, with a cash distribution, a capital distribution and a private placement proceeds update. Read it against the base, not a guess: **1Q2026 DPU was 4.42 cents, up 15.1%**, once the hospital rent review formula kicked in and a three-year rebate rolled off. $ESR-REIT(J91U.SG) **got TOP at 29 Tai Seng Street and locked 100% committed occupancy ahead of schedule** with PSB Academy as tenant.

**👀 Other to Watch**

-   **Temasek** → priced a **S$750 million Temasek Bond**, a clean read on how the top of the SGD credit curve is being received right now.
-   $Frasers L&C Tr(BUOU.SG) → paid the acquisition fee for its **€294.9 million, about S$441.5 million** four-asset German and Dutch logistics purchase by **issuing units instead of cash**, preserving the no-equity-raise structure of the deal.
-   **First Sponsor Group** → filed a voluntary rights issue announcement late Monday. Terms are not independently confirmed yet, so size and pricing are worth reading off the original filing rather than a summary.
-   $Koh Eco(5HV.SG) → filed a profit guidance announcement. The header does not state direction, so treat it as something to read tonight rather than a signal to trade.
-   **Riverstone Holdings** → announced the retirement of an executive officer.
-   $DBS(D05.SG) → reports 2Q and 1H on Thursday at roughly **18.6x P/E against an 11.78x historical average**. Every SG income portfolio is effectively long that print.

> @升烟**:** "Both of my core holdings pay dividends semi-annually. This round, I deliberately walked away from the banking dividends and pivoted into two much weaker performers instead. Rotating away from the booming banks wasn't easy, but staying defensive keeps me grounded."

### 🇭🇰 HK/China — Alibaba Carried It Back Over 26,000

**🔑 Key Event:HSI +124 points (****+0.48%****) to 26,009**, back over 26,000, with **Hang Seng Tech** **+1%** **to 4,875** on **HK$255.2 billion** of turnover. Same imported relief trade as everywhere else, but the driver was single-stock: $BABA-W(09988.HK) **closed** **+7.01%** after detailing **Qwen 3.8-Max** during the session. Cloud, not e-commerce, is still what the sell side is trading here. **Citi carries Buy at $192**, **Morgan Stanley Overweight at $180**. Solar names ran over 10%.

**👀 Other to Watch**

-   **Mainland diverged** → **Shanghai Composite** **-0.6%** **to 3,809** and **Shenzhen Component** **-1%** **to 13,448**, so this was a Hong Kong tech bid rather than a China-wide risk-on.
-   **Unitree Robotics** → STAR Market IPO book-building opens Wednesday, with public subscription on 10 August.

### 🌍 Other

-   **Crude reset hard. WTI -$5.07 (****-6%****) to $79.60**, **Brent -$4.23 (****-4.8%****) to $83.70**, the steepest single-day drops since early last week, after Trump said he had called off a planned strike on Iran and that Iran had asked for time to negotiate reopening the Strait of Hormuz. That is Monday's entire inflation-relief leg in one headline, and the leg that reverses on one tanker incident.
-   **Tariffs are back in court.25 states sued on Monday in the US Court of International Trade**, challenging the 23 July round of **10% to 12.5% tariffs on 80-plus countries**. Third attempt, after February's Supreme Court ruling that IEEPA grants no such authority. The most direct legal risk to the current regime.
-   **Yen intervention confirmed.** The US and Japan confirmed they began buying yen late last week, and the currency has recovered sharply over two sessions. Stronger yen, different funding math for a lot of crowded longs.
-   **Cocoa spiked.** Ghana's regulator now projects **2026/27 output of 450,000 to 550,000 tonnes against 750,000 for 2025/26**, on swollen shoot disease, ageing farms and weather. Supply story, not demand.

> @Fattycat**:** "Gold eked out a +0.5% gain in July, its first positive month since February, but upside is limited as markets price a 65% chance of a hike in September. $3,970 to $4,000 is the critical floor. As long as this holds, gold stays in consolidation mode waiting for its next big move."

## 📅 Key Events Tonight / This Week

-   🇺🇸 US trade balance · Tue 4 Aug, 20:30 SGT
-   🇺🇸 JOLTS job openings and factory orders · Tue 4 Aug, 22:00 SGT
-   🇺🇸 Pre-market earnings: Pfizer, Spotify, McDonald's, Caterpillar · Tue 4 Aug evening SGT
-   **🇺🇸 AMD Q2 results, after US close · about 04:00 SGT Wed 5 Aug, consensus near $1.61 EPS on $11.3 billion revenue, options implying a 12% move**
-   **🇺🇸 SanDisk (SNDK) and Western Digital (WDC) results, after US close · about 04:00 SGT Wed 5 Aug**
-   **🇺🇸 SpaceX (SPCX) first post-IPO quarterly results, after US close · about 04:30 SGT Wed 5 Aug**
-   🇺🇸 Lucid (LCID) and Gilead (GILD) results, after US close · about 04:00 SGT Wed 5 Aug
-   🇨🇳 Unitree Robotics STAR Market IPO book-building opens · Wed 5 Aug, public subscription 10 Aug
-   🇺🇸 US ISM Services PMI (July) · Wed 5 Aug, 22:00 SGT
-   **🇸🇬 DBS (D05) 2Q and 1H 2026 results · Thu 6 Aug**
-   **🇸🇬 SGX (S68) FY2026 results, after market close · Thu 6 Aug**
-   **🇺🇸 SpaceX insider lock-up window opens, up to 20% of restricted holdings or 911.5 million shares · Thu 6 Aug**
-   🇺🇸 US initial jobless claims · Thu 6 Aug, 20:30 SGT
-   🇺🇸 US July non-farm payrolls · Fri 7 Aug, 20:30 SGT, June printed 57k against 110k expected and May was revised down to 129k
-   🌐 Grok 4.6 release · Fri 7 Aug
-   🌐 Ai4 and Flash Memory Summit run through the week, with a possible Samsung HBM4E roadmap update
-   🌍 US-Iran talks ongoing after Trump called off the planned strike
-   ⚖️ 25-state tariff challenge now before the US Court of International Trade, ongoing

👇 Drop your take (20+ words) & click "Repost" to earn 288 Task Coins ✨  
🚫 No duplicates · ⏰ Deadline: August 4, 2026, 11:59 PM SGT

Not investment advice, just market talk 🙏

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## Comments (34)

- **TheCollector · 2026-08-04T15:27:01.000Z**: The fickleness of the US Iran diplomacy is the only constant. The oil price and US market flip at every turn of event, causing a lot of volatility. It's amazing we've been able to avoid rate hikes so far and indices are still making record highs. Nonetheless, SGX is still my safe haven for its stead
- **NewUser_zS0M8w  · 2026-08-04T13:55:52.000Z**: Historically, August could be a volatile month with some of the heaviest losses occurring in the eight month of the calendar year in the past. However, we actually have strong rebounds to kick off the month, led by the traditional tech companies, with Citadel citing the bullish run for stock market 
- **Dacai · 2026-08-04T12:13:13.000Z**: Wow, with Amazon’s stock price doing so well, I hope it will push up market sentiments regarding CSE Global since Amazon is its major client.
- **NewUser_oPJWOU · 2026-08-04T10:43:50.000Z**: Palantir finally moving up after consolidating in the 120s range for the last few months. Mega tech companies were on the rise yesterday as well, with the Mag 7 companies gaining an average of 3% in 1 single day. Moreover, I think the macro risk still exists. The Japanese government is intervening o
- **koolgal · 2026-08-04T10:08:20.000Z**: 🌟🌟🌟$ParkwayLife Reit(C2PU.SG)is a highly defensive Strong Buy for stability seeking income investors.  The freshly minted 1H2026 earnings report highlights its exceptional operational resilience.   Its DPU growth is excellent as it has skyrocketed 14.6% year on year to SGD 0.0877.I like Parkway REIT
- **Helen72 · 2026-08-04T09:11:45.000Z**: This rally in the US stock market is driven by asset-light, high-growth tech giants (such as AI, chips, and cloud computing), whereas the Singapore stock market is a typical traditional economy and high-dividend-driven market. In the short term, the US stock market frenzy will boost overall sentimen
- **LazyCat · 2026-08-04T08:41:20.000Z**: PLTR has been off the radar for a long while as the memory trade exploded. Now memory cooled and funds are rotating back. Pays to stick to own thesis instead of chasing hypes.
- **dingdongbell · 2026-08-04T08:27:15.000Z · 👍 1**: The major indices are going strong and markets that usually support a bull market like the financials are strong as well. Coupled with apprehension and doubt, I am not quite sure the top is in yet. Maybe close but the markets look like its about to take off again.
- **Fattycat · 2026-08-04T06:52:10.000Z**: Just sharing: This headline from The Business Times really stood out : "US mortgage rates hit 6.66% the highest in a year".Is the US housing market sending us a warning sign that tougher times lie ahead? House buyers are tightening their belts. Could further Fed rate hikes make things even w
- **NewUser_L3EOvL · 2026-08-04T06:33:25.000Z · 👍 1**: QQQ yet to break all time high... how long will this AI reversal last? Will local banks set another record high this week? Up and down, up and down...
- **TheRaccoonAnalysis · 2026-08-04T06:04:50.000Z · 👍 2**: Lower oil prices and strong AI-related earnings boosted market sentiment, driving major U.S. indices to record highs. Large-cap technology stocks led the rally as investors rewarded improving profitability and continued AI-driven demand. Amazon reached a US$3 trillion valuation on robust AWS perform
- **pohyc · 2026-08-04T04:50:17.000Z · 👍 2**: all good news at PLTR free cash flow for 2026 raised to us$4.6b ; a financial boost from its SpaceX holding too, adding 2 cents to EPS...PLTR is back!
- **FaithAnchor · 2026-08-04T04:47:55.000Z · 👍 2**: PLTR snapped back overnight after Q2 revenue surged 93% YoY to $1.94B, while adjusted FCF hit $1.22B. With 62% adjusted operating margin and FY26 guidance raised, AI execution remains exceptional.
- **NewUser_CkrdqW  · 2026-08-04T04:41:07.000Z · 👍 1**: Alibaba has recovered pretty strongly with its cloud business still the main focus for investors. Amazon swooped up to cross the 3 trillion mark, becoming just the fifth company to do so. On the other hand though, memory stocks threatens to slide back again despite a very strong trading day for the 
- **Heroic Lifesaver · 2026-08-04T04:39:03.000Z · 👍 1**: Well that was a nice reversal for the major US indices as they started on the low trapping the bears and gained strength as the day progresses. Result: Nice daily green candles all round. Volume is low though. Will we get a follow through day? Day 4-7 after a rally off the lows is when that usually 
- **Fattycat · 2026-08-04T04:33:47.000Z · 👍 2**: I am rather surprised that US and Japan joined hand to intervene YEN.  My read: American is under threaten by Japanese. If US don’t buy YEN, BOJ will dump its massive $1.14T+ Treasury pile which would have sent yields rocketing and hurt stocks far more.Am I correct?  Trump and Takashi in the same bo
- **NewUser_Unm6i · 2026-08-04T04:27:32.000Z · 👍 1**: The key events show increase in United States and Alibaba shares. These are good news for the economy. But there are few shares lower. Overall looking forward to see improvements for the companies’ revenues and net profits. In terms of outlook, good for team efforts to make it work.
- **Victor y · 2026-08-04T04:21:56.000Z · 👍 2**: * AI remains the market's key growth driver, with strong results from Palantir, Microsoft, Meta and Amazon validating the AI investment theme.Despite recent profit taking in memory stocks, the long term AI infrastructure outlook remains positive.* Singapore's manufacturing activity has reached its h
- **Tiffany lover · 2026-08-04T04:20:27.000Z · 👍 2**: Tech stocks lead the way, with all three major US indices seeing simultaneous increases in volume and price. Although the storage sector declined, market adjustments tend to be evenly distributed.With tensions easing and oil prices falling, tariff policies may trigger a trade war. Whether it's infla
- **Crazy rich · 2026-08-04T04:04:24.000Z · 👍 1**: dbs on thursday at 18.6x against an 11.78x average is the whole SG dividend book in one print. holding from 62 so i am not selling, but not adding either until i hear what they say about NIM with Warsh sounding like he wants hikes.


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> **Disclaimer: This article is for reference only and does not constitute any investment advice.**