Inside time: Palantir - buy, and Disney - sell.

Inside time: Palantir - buy, and Disney - sell.While investors continue to assess the outlook for inflation, the global economy, and interest rates, we should look at one stock that is likely to be in demand and another that is in for new lows.So: Palantir (NYSE: PLTR)The company's earnings report was better than forecast due to strong demand for its products. The AIP Generative AI Platform for Data Analysis enables the commercial and public sectors to use large language models based on their private datasets.Over the past 90 days, earnings estimates have been revised upwards five times, and the report proved the accuracy of Wall Street analysts forecasts. As a result, Palantir earned $0.05 per share in the second quarter, after posting a loss of $0.10 in the same period a year ago. The income level is positively affected by the company's cost reduction and optimization program.PLTR shares are up a whopping 183% since the start of the year, well outperforming the market.The first target is $23.50-24, the next one can be found in the $28.50-30 zone. Disney (NYSE: DIS)Disney's fiscal third-quarter earnings are due tomorrow, August 9th, and are likely to be hurt again by weak results in key streaming and linear TV segments. Since the beginning of the year, DIS shares have fallen 0.7%.Disney is expected to post earnings per share of no more than $0.99, down 9.2% year-over-year.Spending on the Disney+ streaming service has fallen short of expectations. Wall Street analysts expect Disney+ to lose 1.7 million subscribers during the quarter.The legal and political battle with Florida Gov. Ron DeSantis continues, and the recent strike in Hollywood isn't encouraging either.The first target is $70.00-72.50, the next one can be found in the $65 zone.Profits to yall!#ForexChief #market #forexnews #stocks #worldnews #profit #StockMarket #Disney #nyse #Palantir #nasdaq