The sudden reversal shows how the hottest AI trade and top-performing stock of the year is colliding with a broader market rotation out of big tech.

Palantir's price-to-sales ratio of 114 is way above OpenAI's 17. Palantir's success in defense work could block access to growth as enterprise AI payoff remains elusive

Veteran analyst revamps Palantir stock after slump originally appeared on TheStreet. Over the past five trading days, Palantir stock has fallen 15%, sparking hesitation among investors looking for a bottom. Earlier this month, the artificial intelligence software provider posted a strong earnings report that pushed its shares to record highs.