Alex Karp, CEO of Palantir Technologies, attended the Pennsylvania Energy and Innovation Summit on July 15, 2025 at the Carnegie Mellon University campus in Pittsburgh, Pennsylvania.
Andrew Caballero-Reynolds | AFP | Getty Images
PalantirStocks fell more than 9% on Tuesday, falling for the fifth straight day, continuing to decline from all-time highs.
After an excellent earnings report earlier this month pushed stocks to an all-time high, AI software providers' shares have exceeded 15% in the last five transactions. The report is Palantir's first $1 billion revenue quarter ever.
Tuesday's inclination coincided with a wider market pullback.
Palantir is by far the most important profiter in the 2025 S&P 500 index, with over 100%.
As the company has benefited from its ongoing AI passion, it has signed a stake with President Donald Trump, the stock has more than doubled.
The rise in Palantir puts the company on the list of the top 10 technology companies in the United States and the 20 most valuable U.S. companies, while also making the stocks owned very expensive. Its forward value ratio is more than 245 times the ratio of its forward value tracking future earnings relative to the stock price.
By contrast, tech giants, e.g. Microsoft and apple Carry nearly 30 times the price-to-earnings ratio and get greater quarterly revenue. Yuan'sand letterSP/E ratio hovered in the 20s.