Story perspectives
Palantir Shares Plunge Amid AI Valuation Concerns
11/29/2025
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Story summary
- Palantir Technologies' shares fell 16% in November as investors flagged high AI-stock valuations.
- Palantir reported strong third-quarter earnings and a second consecutive $1 billion revenue quarter.
- Analysts criticized Palantir's valuation at 233 times forward earnings, higher than Nvidia and Alphabet.
- Investor Michael Burry's bet against Palantir Technologies intensified scrutiny and Palantir Technologies CEO Alex Karp accused him of market manipulation.
- Palantir Technologies secured contracts with PricewaterhouseCoopers (PwC) and FTAI.
