Palantir counts Citi itself among its clients. The bank’s wealth division inked a deal with the company in mid-April. In a note on May 30, Citi said it had recently implemented

An impressive surge in the past few months has boosted Palantir stock to extremely expensive valuation levels. Palantir's potential to gain a bigger share of the AI software market could propel the stock higher despite the negative sentiment.

Palantir Technologies Inc. (PLTR) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.