Palantir Down On Q3: Greater Fool Theory Might Hit A Ceiling

Core Insights - Palantir (PLTR) is approaching a market capitalization of $500 billion ahead of its Q3 earnings report, with a trailing twelve months (TTM) revenue of $3.9 billion, resulting in a price-to-sales ratio exceeding 100x, which has been a topic of discussion for some time [1] Financial Performance - The TTM revenue reported by Palantir stands at $3.9 billion, indicating significant growth potential [1] Market Valuation - The market capitalization nearing $500 billion suggests a high valuation relative to its revenue, raising questions about sustainability and future performance [1]