Is the party finally over for the shares of Palantir Technologies ( PLTR 3.93%)? It took just over two years for the stock to rise from the $6 per share range to the all-time closing high of $124.62 per share. Still, within less than a month, it has surrendered 32% of its value.

Palantir (PLTR) has been in a freefall over the past three weeks amidst concerns that President Donald Trump’s tariffs could lead to stickier inflation and an economic slowdown in 2025. Plus, Trump’s administration announced plans to lower defense spending last month that also did not bode well for PLTR shares.

Palantir's stock has seen a significant reversal, dropping 35% from its peak, despite AI momentum. See why we strongly advise against buying the dip in PLTR.

Nvidia (NASDAQ: NVDA) and Palantir (NASDAQ: PLTR) are two of the best-known artificial intelligence stocks, but only one can win this head-to-head battle. Where to invest $1,000 right now? Our analyst team just revealed what they believe are the 10 best stocks to buy right now.

Tech stocks are getting battered by President Donald Trump’s new tariffs, but some analysts say it’s time to buy the dip. According to Wedbush