Palantir (PLTR) saw its stock price rise from a premarket low of $122 to $131.34 at market open, showing resilience despite negative news regarding IBM and shifting enterprise software spending. The sentiment is bullish for PLTR, as the market appears to favor its focus on value-driven enterprise transformation over traditional software models. Conversely, the outlook for IBM is cautious due to reported issues with justifying client spend and a shift from software to capex.