Why The Palantir Stock Rally Fizzled But Could Catch Fire Again
@JimmyTurner:
An early 2023 rally for Palantir Technologies has petered out, and now it's up to the bulls and bears to hash it out over PLTR$Palantir Technologies Inc.(PLTR)$ stock.Views from either side of the investment aisle are largely tied to views on the renewal of big U.S. government contracts. Also at play is its business in Japan, declining revenue from investments in special-purpose acquisition companies and traction in the health care industry.PLTR stock popped on its fourth-quarter earnings report. But bearish views focus on whether the maker of data analytics software can meet 2023 guidance.Palantir is one of manyAI stocks to watch. Shares are still up 24% this year, rebounding from a nearly 65% fall in 2022.Yet PLTR stock has retreated from an int