Palantir Stock Sinks as $6B Wiped Off in a Week, Is the AI Boom Cooling Off?
Following a spectacular 500% run over the previous year, Palantir Technologies (NYSE: PLTR) is beginning to show signs of weakness. As investors start to question if the artificial intelligence can continue its exponential climb, the stock fell more than 4% this week, losing around $6 billion in market value. Shares closed at $119.91 on Thursday,…
