Big data analytics companies need big companies and their contracts to analyze. If the contracts begin to dwindle, or to slow in growth, the firms will suffer. In the case of Palantir Technologies Inc. (PLTR), the company will continue to slide if it cannot secure more high-profile deals to enhance its commercial revenue. Beyond a $90 million deal expected to be announced in the near-future, PLTR does not appear to have too much left in its pipeline. (See Palantir stock charts on TipRanks)  Drawing up his bearish hypothesis is Kamil Mielczarek of William Blair, who wrote that the big data analytics firm has accumulated far less in U.S.
https://www.tipranks.com/news/article/a-paucity-of-promising-prospects-for-palantir?utm_source=advfn.com&utm_medium=referral
Palantir Technologies (NYSE:PLTR)
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Palantir Technologies (NYSE:PLTR)
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From Jan 2021 to Jan 2022 Click Here for more Palantir Technologies Charts.