The tech giant’s shares fell Tuesday on valuation concerns, but CEO Alex Karp insists investors are “fighting for the right side of what should work in this country.”

Many analysts are cautious about Palantir's valuation, but several are bullish on its growing commercial businesses as AI contracts ramp up.

Palantir's earnings topped third-quarter results and the company issued strong guidance, attributing much of its rapid growth to artificial intelligence.

Palantir CEO Alex Karp took on the critics during the company's third-quarter earnings call after the bell on Monday.

While praising Palantir's strong business, analysts remained concerned over the stock's elevated valuation.

One analyst suggested stocks may be suffering from “rally exhaustion.”

Wall Street analysts raised concerns about Palantir's elevated valuation and famed hedge fund manager Michael Burry revealed a short position.

The tech giant’s shares fell Tuesday on valuation concerns, but CEO Alex Karp insists investors are “fighting for the right side of what should work in this country.”

Palantir CEO Alex Karp twice confronted short sellers this week as the company's shares suffered a double-digit drop.