TF105
08:15

Long-term story hasn't changed. AI adoption is still in the early innings. Added a little on the dip and will add more if it drops further.

AI Software Retreat: Palantir Drops 5%, SaaS Still Buyable?
While semiconductors and AI chips celebrated, AI software names sold off sharply: Palantir (PLTR) fell 5.28% and ServiceNow dropped 6.04%, with multiple SaaS stocks moving in tandem. Analysts flagged that PLTR's current $369 billion valuation requires an "unprecedented share of the federal market" to justify, reigniting stretched-valuation concerns. The move looks more like a rotation from crowded software back into hardware and semiconductors than any fundamental deterioration. After leading Monday's gains and getting hit today, will you buy the AI software dip — or rotate into semis?
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