Xpeng reported record revenue in Q4 2023, with a 153.9% increase year-on-year, and a positive gross margin of 6.2%. The company delivered a record 60,158 vehicles in Q4 and saw a significant decrease in net loss. Xpeng's first-quarter delivery guidance is between 21,000 and 22,500 units, with an expected revenue range of RMB 5.8 billion to RMB 6.2 billion. Additionally, the company plans to launch a new brand targeting the lower-priced market within the next month.
Palantir Technologies' Q4 2023 financial results indicate a paradigm shift for the company, with the launch of their Artificial Intelligence Platform (AIP) and new onboarding method showing signs of scalability and operational efficiency. While the intrinsic value has increased, the stock price has reached fair value, leading to a rating downgrade to hold until more clarity on the revenue impacts of AIP is available. The company's customer acquisition costs are trending down, customer count growth is re-accelerating, and free cash flow margins are increasing, pointing towards a more profitable future.
