Clementine | Lawrence van Rijn

Several things happened in the last 24 hours. A LinkedIn post set it off. It was about that Palantir was finished, it was a done deal. That stirred a few memories. You see I was introduced to Palantir Government in the late 90s, before it became Palantir Gotham. There was Palantir Finance (I think that this is what now goes for as Palantir Metropolis), but I never saw that. It was a good program and it was powerful. It did not have the bells and whistles that Clementine (now IBM Miner) had, but it was an excellent program and I was looking for my next Customer Service role (I was in a bit of a bad space), so as I had heard of the Palantir events over the year, that post did not make sense to me. So I decided to take a look and find out for myself (I don’t trust anything on social media that I have not personally verified with at least one good source (like a decent newspaper). I found out a lot more than I bargained for. In the first Palantir Technologies Inc is valued at 307.98 billion, this makes sense later on.

Then I saw ‘Palantir trades into the week as France move puts ai at risk in Europe’ (at https://ts2.tech/en/palantir-trades-into-the-week-as-france-move-puts-ai-at-risk-in-europe/), there we see “Palantir ended June 18 at $128.47, dropping 1.65% for the day but up roughly 0.4% from where it closed on June 12. France’s DGSI is moving to ChapsVision, selecting the company to take over from Palantir as its supplier over several years. Palantir said its current contract is still active.” The French Connection (sorry Popeye) is about to make sense. You see, the rumbling that this White House has embarked on is now showing its rather large nasty feathers. The world is shunning anything from the United States and France sees the setting that and is moving and banking on the French solution called ChapsVision, we are given “ChapsVision is a leading player in the field of artificial intelligence and data processing. With proven technologies that accelerate data acquisition, preparation and processing, ChapsVision supports businesses and government organizations in their digital transformation.” As I see it, it is a (largely) financial solution, and getting up to speed of where Palantir is will take a few years. But France is banking on its ‘local’ solution and with that the European market opens up to France and yes this is likely to be a drain on where Palantir wants to be. So in comes the second story.

This comes from Simply Wall Street (at https://simplywall.st/stocks/us/software/nasdaq-pltr/palantir-technologies/news/palantir-technologies-pltr-stock-could-be-20-overvalued-even) where we see ‘Palantir Technologies (PLTR) Stock Could Be 20% Overvalued Even If Growth Stays Strong’ and here the first red flag comes up, Simply Wall Street does not give a writer, just hide it under the rug (as the expression goes) but there is where the loon try to find stuff, so now we see the initial; value, Which was $308 billion, now we get the other part (which I left out) “Palantir reported a record annual revenue of $4.475 billion for fiscal year 2025. This marked a 56% year-over-year growth compared to their 2024 results, heavily driven by massive domestic adoption of their artificial intelligence platforms.” So when you see this, the 20% overvalued does not make sense. We see what might be coming in 2027/2028, but that is not now and the stages are set to what I personally believe is that someone wants to play a little game called ‘shorting the stock’, if there is enough babbles and bitcoin people, they will overlook what matters and just dump their Palantir stock. Now, be mindful, I am not an economist and I have no economic degrees, but I have three University degrees and a few more ‘accolades’ as I think they are called in data technology and data analyses. I believe that some are thinking that Palantir is a weakling waiting to be plucked and that is not happening on my watch as as I see it, LinkedIn is being used for that and political endings too much. These people are hiding behind “That is what I see and I have a right to speak” that’s fair, but we can expose you as well, so that is the other side of this and Palantir has some of the most powerful software in the world to do just that. I think that Palantir needs to look into the enemies they have. But that is up to them and I wasn’t done yet.

There was more, you see the Guardian gives another side (at https://www.theguardian.com/technology/2026/jun/13/palantir-loses-legal-challenge-to-force-swiss-magazine-to-publish-rejoinders) where we see ‘Palantir loses legal challenge to force Swiss magazine to publish responses’, I feel uneasy on this. I get that Palantir wants to learn “to force a Swiss independent magazine to publish its responses to articles about how the Swiss government rejected its services.” My doubt is that any government can reject services, but they tend to give reasons, isn’t that the case? So when a magazine collects responses, would that not be in the interest of the world to learn the how and why? I agree that this cannot have personalized data, but the entire mess comes across as weird. But the entire setting is what this White House is inflicting on the business end of the businesses of the United States. I saw it coming to some degree, but not to this degree (as I personally see it, the US Administration comes across as absolutely bug-nuts), if you doubt this, consider the simple setting of Measles in the United States, what it was in 2024 and what it is now and that is just for starters. The world is, as they say, fed up with the United States. Should you think I am wrong you could ask that bella bambina Meloni, you can find her at Via dell’Impresa 89, Rome, Italy. Believe me, she has a story for you, it will knock your socks off.

The stage is not her, or what Palantir is facing, but as we see this evolve we see more and more American services being rejected by the EU and Commonwealth to a larger degree. And as I see it, some (like Microsoft) are already running like chickens without a coup in all the offices, because there bonuses are set to keeping the status quo, so the larger bulk of CEO’s are seeing a rather large bump in what they could expect to see diminish.

And for one, Simply Wall Street (yet again) now gives us ‘Palantir Stock And 2 Software Picks With Earnings Growth And Strong Balance Sheets’ (at https://simplywall.st/stocks/jp/semiconductors/tse-285a/kioxia-holdings-shares/news/palantir-stock-and-2-software-picks-with-earnings-growth-and) giving us a second different view. Where we see “Palantir generates about US$2.8b in revenue from Government customers and US$2.5b from Commercial customers, with most of its sales coming from the United States and the rest split between the United Kingdom and other international markets.” As I see it, that sounds more like it and it is about what I have seen and expected, and with the additional “Palantir Technologies has become a focal point for investors looking at real world AI adoption, as its platforms power everything from U.S. defense programs to fast growing U.S. commercial clients. Recent revenue growth of 133% shows how quickly customers are scaling usage. The company combines very high profitability, including a 43.7% net margin and 26.8% return on equity, with a debt free balance sheet and strong cash holdings, which stands out in the software sector. At the same time, the stock trades on rich valuation multiples, insiders have been selling shares and contracts such as the UK NHS data platform face political scrutiny. That mix of quality fundamentals, AI partnerships with groups like Google Cloud and concentrated government exposure creates a story that deserves closer inspection.” At what point does that give credence to the setting that it was 20% overvalued? Perhaps that might be true (I am an economic noob) as gamers would state, but the settings are off. I get that Palantir will face a much harder 2027 and optionally 2028, but ChapsVision isn’t in all the other places yet, this could happen and it will eat away from the pie that is now Palantir, and I for one do not think their excellence in Gotham is easily matched, but give it time and in 2029 it might be a different story, but that is looking too far ahead (I might not even be alive then) and with the way the United States is taking its international responsibilities there is a larger setting that this could happen and there is no way I can type this blog whilst ‘enjoying’ sunshine at 2354 rads. I have medical evidence of that (read: Google Scholar)

So you all have a great day and consider limiting your exposure to LinkedIn, it will become the next hotspot for influencers and BS artists alike.

It started early this morning when I saw ‘Silicon Valley Bank: Regulators take over as failure raises fears’ (at https://www.bbc.co.uk/news/business-64915616), now I have never denied my lack of economic knowledge and these Simple Voluptuous Bobo’s should know a hell of a lot more than I do. So when I read “a key tech lender, was scrambling to raise money to plug a loss from the sale of assets affected by higher interest rates. Its troubles prompted a rush of customer withdrawals and sparked fears about the state of the banking sector. Officials said they acted to “protect insured depositors”.” You see, this left me with questions. Bankers should know this stuff, they should know about margins and leave room to spare to take a breather when things tenses up. So when I read “The collapse came after SVB said it was trying to raise $2.25bn (£1.9bn) to plug a loss caused by the sale of assets, mainly US government bonds, which had been affected by higher interest rates.” When one bank needs to cover losses to the effect of more than 2 billion dollars things go south fast, yet it was that one part “mainly US government bonds” that send my non-knowledge off flying. You see the US has a debt of well over $30,000,000,000,000. Is this the first signal that the US debt is buckling banks? I honestly do not know that, I am asking. You see, the fact that I see “Concerns that other banks could face similar problems led to widespread selling of bank shares globally on Thursday and early Friday” supports this. That does not make me right, I simply do not understand this setting and the setting that it merely happening to one bank. Then we get “US Treasury Secretary Janet Yellen said she was monitoring “recent developments” at Silicon Valley Bank and others “very carefully”.” One bank goes the way of the Dodo and she wakes up? This does not make sense to me. Especially when other banking Bobo’s (read: fat cats) are not responding to this. Then we get “The firm, which started as a California bank in 1983, expanded rapidly over the last decade. It now employs more than 8,500 people globally, though most of its operations are in the US.” Now this makes it not the smallest bank, but we also see that HSBC shares fell 4.8% and Barclays dropped 3.8% that ain’t hay. This implies that either the Silicon Valley Bank (SVB) is a lot larger, or the bonds are taking a massive dive and I wonder is this the beginning of the end for the USA?

I am not telling it is, I am asking if it could be. We see the sleep sussing by people like Alexander Yokum and we get that, but consider that this hits one bank that needs to secure over 2 billion. Did they buy up way too much bonds and how many banks have bonds and how much bonds do they have? So when I see “Silicon Valley Bank would not have lost money if they hadn’t run out of cash to give back to their customers” did we not see a similar setting in 2016 in the wake of the LIBOR scandal? Perhaps they are two different things, but I remember something on Basel III, it was about stress testing and liquidity requirements. It was something with CET1 (Common Equity Test). I only know about it because it was a big thing in a program called Clementine, people were all over this and a program called Clementine was bought by SPSS and it became SPSS Modeler (later bought by IBM). So I saw the emails pass by, but it was not on my plate and this was a decade ago. So in a decade someone ignored the Common Equity Test? That is what it looks like to me and I will admit that the article has limited information and this is not the case, but this landed on the desk of US Treasury Secretary Janet Yellen? One bank? She wouldn’t even read my love letters (her glasses are too thick), so this one bank has her attention? Things do not add up, but that is my take and there is every chance I am wrong. Yet I saw a few articles and no one seems to be asking questions and that seems weird to me.

Still my brain is asking, is this merely the first sign that banks are anchored to the titanic as American bonds are dragging these banks down. And the SVB is merely the first one as it had too many of them. I am ready to be called wrong, but the media isn’t looking very active. I do not care, I have been in a haze of achievement with my 8 IP’s and the fact that both Gucci and Tiffany are driving in my IP minefield 9 months after I published my stories on Augmented reality. I was in a daze of happy feelings and a bank that is not on my continent did not worry me, but HSBC is, so the puzzlement came back and the surprising nature was that one bank should not see the reactions of Janet Yellen, she is too big for one bank, as such my worry started. Was this the beginning of a lot more?

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