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Palantir's Wild Ride: Is AI Star Set For Pullback Or New Rally?
PLTRPalantir Technologies(PLTR) Benzinga·2024-12-04 00:04

Palantir Technologies Inc PLTR has been the toast of Wall Street in 2024, skyrocketing 300% year-to-date. Its AI-driven growth story, fueled by blockbuster demand for its Artificial Intelligence Platform, has investors buzzing.But with great heights come great risks—is this high-flyer due for turbulence?The Bull Case: AI Gold RushPalantir's financials sparkle brighter than a supercomputer's dashboard. Third-quarter revenue surged 30% to a record $726 million, marking six straight quarters of accelerating gr ...