Palantir reports revenue as Databricks secures funding

Billionaire investors Ken Griffin, Cliff Asness, Israel Englander, and Steven Cohen recently acquired shares in Palantir Technologies and Comfort Systems during the third quarter. Palantir, an AI software company, has seen its stock surge an impressive 2000% since January 2023, reporting $1.4 billion in Q4 revenue. Its market capitalization stands at $324 billion, with shares priced at $135.90 as of February 6, 2026. Comfort Systems, which provides crucial HVAC and immersion cooling for data centers, also experienced significant growth, with its stock increasing by 970% in the same period and reporting $2.4 billion in Q3 revenue.

The AI sector continues to see substantial growth and investment, with Databricks achieving a $5.4 billion revenue run-rate, largely fueled by its new AI products. The company recently secured a $5 billion funding round, pushing its valuation to $134 billion, alongside a $2 billion loan. CEO Ali Ghodsi highlighted their AI product, Genie, an LLM user interface designed to simplify data analysis through natural language queries. Meanwhile, Corning stock reached record highs, jumping 7% after being dubbed an "AI superstar" by The Wall Street Journal, thanks in part to a $6 billion supply deal with Meta for fiber-optic cables.

Major tech players are also making significant moves in the AI space. Nvidia and Broadcom both climbed over 3%, with Broadcom benefiting from increased AI investments by clients like Alphabet and Meta Platforms. Nvidia continues to experience huge demand for its chips, with companies like Amazon and Alphabet planning large investments in its technology, solidifying its role as a foundational "pick-and-shovels" provider. Apple, considered an "AI safety play," is integrating Google's Gemini language model into Siri, a deal estimated at $1 billion per year, and its stock is up 13% from January lows. Microsoft, despite a downgrade to hold by Melius Research, still saw its stock rise over 2.5% and is recommended for income investors with AI exposure.

The broader AI market is attracting diverse investment. The domain name AI.com sold for a record $70 million to a prominent AI company, marking the largest domain transaction in history. For investors, predictive AI models offer trading strategies for Direxion AIBD shares, indicating strong near and mid-term sentiment but a weak long-term outlook. The Global X Artificial Intelligence & Technology ETF (AIQ) is recommended for its diversified approach, investing in global AI companies and avoiding over-weighting the "Magnificent Seven" stocks, positioning it for growth with potential lower interest rates in 2026 and increasing AI spending across a wider range of companies.

Key Takeaways

  • Billionaire investors acquired shares in Palantir Technologies and Comfort Systems, with Palantir's stock up 2000% and Comfort Systems' up 970% since January 2023.
  • Palantir reported $1.4 billion in Q4 revenue and has a market cap of $324 billion, while Comfort Systems reported $2.4 billion in Q3 revenue.
  • Databricks achieved a $5.4 billion revenue run-rate, secured $5 billion in funding, a $2 billion loan, and launched its AI product Genie, an LLM user interface.
  • Corning stock reached record highs, jumping 7%, driven by a $6 billion fiber-optic cable supply deal with Meta Platforms.
  • Nvidia continues to see huge demand for its chips, with Amazon and Alphabet planning large investments, reinforcing its "pick-and-shovels" role in AI.
  • Apple will integrate Google's Gemini language model into Siri for an estimated $1 billion per year, positioning itself as an "AI safety play."
  • Microsoft, IBM, Qualcomm, Cisco, Dell, and Texas Instruments are recommended as strong dividend stocks with AI exposure for income investors.
  • The domain name AI.com sold for a record $70 million, acquired by a prominent AI company, marking the largest domain transaction in history.
  • Predictive AI models offer specific trading strategies for Direxion AIBD shares, indicating strong near/mid-term sentiment but weak long-term outlook.
  • The Global X Artificial Intelligence & Technology ETF (AIQ) offers diversified investment in global AI companies, avoiding over-weighting "Magnificent Seven" stocks.

Billionaires Invest in Palantir and Comfort Systems AI Stocks

Billionaire investors Ken Griffin, Cliff Asness, Israel Englander, and Steven Cohen bought shares of Palantir Technologies and Comfort Systems in the third quarter. Palantir, an AI software company, has seen its stock rise 2000% since January 2023. Comfort Systems, which provides HVAC and immersion cooling for data centers, has seen its stock increase by 970% in the same period. Palantir reported $1.4 billion in Q4 revenue, while Comfort Systems had $2.4 billion in Q3 revenue. Investors should consider these AI stocks.

Top Investors Bet on Palantir and Comfort Systems AI Growth

Billionaire investors Ken Griffin, Cliff Asness, Israel Englander, and Steven Cohen bought shares of Palantir Technologies and Comfort Systems in the third quarter. Palantir, an AI software company, has seen its stock rise 2000% since January 2023. Comfort Systems, which provides HVAC and immersion cooling for data centers, has seen its stock increase by 970% in the same period. Palantir reported $1.4 billion in Q4 revenue and Comfort Systems reported $2.4 billion in Q3 revenue. Palantir's market cap is $324 billion with a current price of $135.90 as of February 6, 2026.

AI Models Guide Trading for Direxion AIBD Shares

Predictive AI models offer trading strategies for Direxion Shares Etf Trust Daily Ai And Big Data Bear 2x Shares, ticker AIBD. The analysis shows strong sentiment for the near and mid-term, but a weak long-term outlook with elevated downside risk. The current price is 8.42. The AI provides three strategies: Position Trading Long, Momentum Breakout, and Risk Hedging Short, each with specific entry, target, and stop loss zones. These strategies aim to add alpha, reduce beta, and control risk for investors.

Top Tech Stocks for Income During AI Market Dip

The tech sector's current volatility offers good chances for income investors to buy strong dividend stocks with AI exposure. Recommended companies include IBM, Qualcomm, Cisco, Dell, Microsoft, and Texas Instruments, which offer dividend growth and strategic positions in AI and infrastructure. For high-yield monthly income, investors can consider the JPMorgan Nasdaq Equity Premium Income ETF and BlackRock Science and Technology Trust. Market corrections often provide excellent entry points for long-term investors to enhance future returns.

Corning Stock Soars to Record Highs as AI Superstar

The S&P 500 rose, with Nvidia and Broadcom climbing over 3%. CNBC Investing Club upgraded Broadcom to a buy rating because it benefits greatly from increased AI investments by clients like Alphabet and Meta Platforms. Corning stock reached record highs, jumping 7% after The Wall Street Journal called it an "AI superstar." Corning has a large $6 billion supply deal with Meta for fiber-optic cables, which supports its long-term growth. Melius Research downgraded Microsoft to a hold, but the stock still rose over 2.5%.

AI.com Sells for 70 Million Dollars Setting New Record

GetYourDomain.com successfully brokered the sale of AI.com for $70 million, making it the largest domain name transaction in history. A prominent AI company bought the domain to use for its new artificial intelligence work. This sale surpasses the previous record of $30 million for Voice.com. Michael Mann, CEO of GetYourDomain.com, stated this marks a significant milestone in the domain name industry. GetYourDomain.com has a proven track record of brokering high-value domain name sales.

Databricks Reaches 5.4 Billion Revenue Driven by AI

Databricks has achieved a $5.4 billion revenue run-rate, driven by its new AI products. The company recently closed a $5 billion funding round, giving it a $134 billion valuation, and also secured a $2 billion loan. CEO Ali Ghodsi highlighted their AI product, Genie, which is an LLM user interface. Genie allows users to ask questions about data in simple language, making data analysis easier and increasing usage of their cloud data warehouse. AI is changing how SaaS businesses operate by shifting to natural language interfaces.

Consider Apple and Nvidia Instead of Palantir Stock

Investors looking for AI stocks might consider Apple and Nvidia as alternatives to Palantir due to its recent volatility and high valuation. Apple is seen as an "AI safety play" with less spending than rivals, and its stock is up 13% from January lows. Apple will integrate Google's Gemini language model into Siri for about $1 billion per year. Nvidia continues to see huge demand for its chips, with major companies like Amazon and Alphabet planning large investments in its technology. Nvidia is a "pick-and-shovels" play, profiting early in the AI revolution.

Global X AI ETF Offers Smart Investment Opportunity

The Global X Artificial Intelligence & Technology ETF, ticker AIQ, is recommended as a strong investment in the AI sector. This fund invests in global companies that benefit from AI technology and provide hardware for big data analysis. AIQ avoids over-weighting the "Magnificent Seven" stocks and includes international companies. The fund is positioned to rise due to potential lower interest rates in 2026 and increasing AI spending across more companies, not just the largest tech giants.

Sources

NOTE:

This news brief was generated using AI technology (including, but not limited to, Google Gemini API, Llama, Grok, and Mistral) from aggregated news articles, with minimal to no human editing/review. It is provided for informational purposes only and may contain inaccuracies or biases. This is not financial, investment, or professional advice. If you have any questions or concerns, please verify all information with the linked original articles in the Sources section below.

AI Stocks Billionaire Investors Palantir Technologies Comfort Systems AI Software Data Centers HVAC Immersion Cooling Predictive AI Trading Strategies ETFs Big Data Dividend Stocks Tech Sector AI Infrastructure IBM Qualcomm Cisco Dell Microsoft Texas Instruments Nvidia Broadcom Alphabet Meta Platforms Corning Fiber Optics AI.com Domain Names Databricks LLM Natural Language Interfaces Cloud Data Warehouse Apple Google Gemini AI Chips AI Investments Stock Market Revenue Growth Valuation AI Spending

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