Valued at a market cap of $291 billion, Palantir (PLTR) is among the hottest and most powerful technology companies in the world. Its steady revenue growth and improving profit margins have meant PLTR stock has returned more than 1,

Palantir shares climbed 5.4% during Friday's session, near their all-time high. The rally follows a string of high-profile defense deals and ongoing momentum from its fourth-quarter performance.

Palantir Technologies Inc.’s stock is falling more than 13% on Tuesday, despite the company’s solid first-quarter earnings and better-than-expected guidance. “Palantir is on fire,” Chief Executive Officer Alex Karp said on Monday afternoon’s earnings call,