What next for Palantir (PLTR) stock after worst week in 7 months

Core Insights - Palantir has experienced its worst week since February, with stock losses despite strong earnings, attributed to CEO Alex Karp's criticism of short sellers [1][2] - The company reported a revenue of $1.18 billion for Q3, a 63% year-over-year increase, and earnings per share of $0.21, surpassing Wall Street estimates by 25% [6][7] - Palantir's stock has seen a significant year-to-date rally of 136%, driven by advancements in artificial intelligence [2] Financial Performance - Q3 revenue of $1.18 billion marks the fastest growth since early 2022, with quarterly revenue nearly tripling from $446 million in Q1 2022 [6][7] - Earnings per share increased from $0.02 to $0.21 over the same period, with only one loss-making quarter in the last fifteen [7] - Free cash flow reached $311 million in the latest quarter, totaling $817 million over the trailing 12 months, indicating a 21% free cash flow margin [8] Market Dynamics - The stock is currently above its 50-day simple moving average of $177.73, suggesting short-term price stability, while the 200-day SMA is at $135.32, indicating a strong long-term uptrend [4] - The market sentiment is divided, with bulls highlighting Palantir's execution and profitability, while bears express concerns over valuation and reliance on government contracts [10]