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Palantir's High Expectations
And, Ford halts outlook amid tariffs.
Today is Tuesday, May 6, 2025.
The Early Bird Index today is 71.09
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Palantir's High Expectations
Despite posting solid financial earnings results on Monday, the big data company Palantir $PLTR ( ▼ 12.05% ) fell 9.25% in after-hours trading.
Financials: Palantir reported earnings of 13 cents per share in the past quarter, which was expected. It also reported revenue of $883.85 million, which was better than expected. The company also lifted its financial outlook.
Early Bird’s Nest Egg Gains: Investors expected not just a beat from Palantir but a significant outperformance or a major upward revision in guidance to justify further gains. The company’s strong results were already priced in and did not dramatically exceed already lofty forecasts.
Final Thoughts: Palantir has bucked the trends of the broader market this year, with its stock up over 60%.
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Notables
Notable Earnings Today: Advanced Micro Devices (Nasdaq: AMD), Rivian Automotive (Nasdaq: RIVN), Datadog (Nasdaq: DDOG), Super Micro Computer (Nasdaq: SMCI), Electronic Arts (Nasdaq: EA), Marriott (Nasdaq: MAR), Ferrari (NYSE: RACE), Arista Networks (NYSE: ANET), Wynn Resorts (Nasdaq: WYNN), Lucid Group (Nasdaq: LCID), Lemonade (NYSE: LMND), Global Payments (NYSE: GPN), Upstart (Nasdaq: UPST), ADM (NYSE: ADM), Tempus AI (Nasdaq: TEM), Energy Transfer (NYSE: ET), Duke Energy (NYSE: DUK), Constellation Energy (Nasdaq: CEG), WK Kellogg (NYSE: KLG), Astera Labs (Nasdaq: ALAB), Devon Energy (NYSE: DVN), DigitalOcean (NYSE: DOCN), NerdWallet (Nasdaq: NRDS), Coupang (NYSE: CPNG), Array Tech (Nasdaq: ARRY), AdaptHealth (Nasdaq: AHCO), Allegiant Travel (Nasdaq: ALGT), American Electric (Nasdaq: AEP), Aramark (NYSE: ARMK), AZEK (NYSE: AZEK), BlackLine (Nasdaq: BL), Chemours (NYSE: CC), Cirrus Logic (Nasdaq: CRUS), Colliers (Nasdaq: CIGI), Driven Brands (Nasdaq: DRVN), Ducommun (NYSE: DCO), Embraer (NYSE: ERJ), Energizer (NYSE: ENR), EVgo (Nasdaq: EVGO), Fidelity National Info (NYSE: FIS), Flywire (Nasdaq: FLYW), Gen Digital (Nasdaq: GEN), GlobalFoundries (Nasdaq: GFS), Ingredion (NYSE: INGR), International Flavors (NYSE: IFF), IQVIA (NYSE: IQV), Jacobs Solutions (NYSE: J), Jamf Holding (Nadaq: JAMF), KBR (NYSE: KBR), Klaviyo (NYSE: KVYO), Krystal Biotech (Nasdaq: KRYS), Lear (NYSE: LEA), Leidos (NYSE: LDOS), Marathon Petroleum (NYSE: MPC), Omnicell (Nasdaq: OMCL), Peabody Energy (NYSE: BTU), Priority Technology (Nasdaq: PRTH), Qualys (Nasdaq: QLYS), Redfin (NasdaqL RDFN), Sarepta Therapeutics (Nasdaq: SRPT), Sealed Air (NYSE: SEE), Shoals Technologies (Nasdaq: SHLS), SolarEdge Technologies (Nasdaq: SEDG), Sunoco LP (NYSE: SUN), Supernus Pharmaceuticals (Nasdaq: SUPN), Teradata (NYSE: TDC), The Baldwin Group (Nasdaq: BWIN), TreeHouse Foods (NYSE: THS), UL Solutions (NYSE: ULS), Uniti Group (Nasdaq: UNIT), Voya Financial (NYSE: VOYA), WEC Energy Group (NYSE: WEC), WK Kellogg (NYSE: KLG), Xometry (Nasdaq: XMTR).
Notable IPOs Today: Tecogen Inc. (NYSE American: TGEN).
Notable Equity Crowdfunding Campaigns Ending Today: N/A.
Notable Economic Events Today: Trade Balance / Imports / Exports (8:30 a.m. ET), EIA Short-Term Energy Outlook (12:00 p.m. ET), API Weekly Crude Oil Stock (4:30 p.m. ET).
Ford Halts Outlook Amid Tariffs
Ford $F ( ▲ 2.66% ) posted strong financial earnings results on Monday, yet the stock declined by 2.46% in after-hours trading.
Financials: Ford reported earnings of 14 cents per share and revenue of $40.7 billion in the past quarter. Both were better than expected.
Powering the Story: Ford said it expects to lose $1.5 billion this year due to the impact of tariffs. As a result, Ford suspended its financial outlook.
Final Thoughts: Surprisingly, Ford’s stock was up 5% this year.
Hims & Hers Health Falls On Outlook
Hims & Hers Health $HIMS ( ▲ 18.12% ) reported earnings of 20 cents per share on Monday and revenue of $586 million, which were both better than expected, but a weak outlook sent the stock down 4.59% in after-hours trading.
Final Thoughts: The stock had defied the odds in 2025. It was up over 60%.
Trends to Watch
More Expensive Barbie: Mattel Plans Price Increases on American Toys (Wall Street Journal)
Long-Term Plans: Vitalik Buterin Wants to Make Ethereum as Simple as Bitcoin (CoinDesk)
Doge Bullish: Here’s How High Dogecoin Could Go if Bitcoin Hits $2.4M as Predicted by Ark Invest (The Crypto Basic)
Coming Soon: Waymo plans to double robotaxi production at Arizona plant by end of 2026 (CNBC)
Leaving the Public Market: Skechers is going private during the middle of a trade war (CNN)
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The contents of Early Bird are intended for informational and entertainment purposes only. They do not constitute trade or investment recommendations and they are not financial or legal advice. Readers are encouraged to consult licensed professionals for personalized guidance regarding their financial or legal situations.