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Palantir’s Cooling Rally Faces Valuation and Government Shutdown Risks
Palantir’s Cooling Rally Faces Valuation and Government Shutdown Risks
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BTCCSquare news:
Palantir Technologies' (PLTR) meteoric 340% rally over the past year shows signs of fatigue as investors question its valuation multiples. The stock remains up 33% in three months and 136% year-to-date, but a looming federal government shutdown threatens its Core government contracts.
The data analytics firm, credited with enabling the Osama bin Laden operation, specializes in AI-driven intelligence platforms for defense and commercial sectors. Its 2022 Artificial Intelligence Platform (AIP) rollout marked a strategic pivot toward enterprise adoption, though government work still dominates revenue streams.
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