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After a spectacular run in 2024, Palantir (PLTR) stock currently trades 37% below its all-time highs, valuing the company at a market capitalization of nearly $180 billion. While the ongoing pullback has dragged shares lower, growth stocks will likely remain under pressure in the near term due to the tariff war and the possibility of an economic slowdown.
Alternatively, Palantir continues to expand its customer base, which should drive future revenue and earnings growth. Let’s see how Palantir is gaining traction across multiple markets through several partnerships.