Palantir Stock: Is this "AI Pure Play" a Buy or Sell After Earnings?

Shares of data analytics company Palantir (PLTR) are starting to sag after a remarkable surge that began back in May. Back then, the secretive tech company not only clocked a small quarterly earnings beat (earnings per share of $0.05, just a penny higher than estimates), but it also had the opportunity to flex its AI muscles. Indeed, it was unreal how much investors rewarded AI prowess in the year's first half. 

Nowadays, the script has been flipped, and some of the biggest AI stock winners are under a considerable amount of pressure. After its latest quarterly report on Wednesday, PLTR fell 11% for its worst session since last November, and now risks giving back a great deal of its gains from the spring and summer.