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Will The Real Palantir Please Stand Up?

I apologize for the hackneyed headline. But I do think it conveys my sentiment about Palantir (NYSE: PLTR). Or rather, I think it conveys the overall market sentiment. There are many polarizing stocks. But I've found few that generate so much passion as Palantir.  

AMZN

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‘Investor Anxiety’ On Software Stocks Prevails, But This Analyst Sees Hope In A Few Stocks, With Questions Around Others — Like Palantir

On average, software companies beat Q2 revenue estimates by 2% and profitability expectations by 5%, RBC analyst Matthew Hedberg said.  Q3 was guided lower for both revenue and profitability while stocks moved on average 2.1% higher the day following earnings. 

ALTR

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Alibaba Gains 1%, JD Sheds 2%: Hang Seng Opens Lower As All Eyes On US Inflation Data

Hong Kong shares were mixed on Tuesday morning, with the benchmark Hang Seng Index down more than 0.1%, as investors looked ahead to crucial U.S. inflation data that will decide the course of further rate hikes by the Federal Reserve.  Shares of Alibaba rose 1.5% in opening trade, while those of JD.com lost over 2%.

BABA