Analysts Warn of ‘Unprecedented Generative AI Hype Cycle’ as Palantir Stock Gets Sell Rating
Analysts have downgraded Palantir Technologies Inc.’s stock to a sell rating as the company faces increased scrutiny over its business practices. According to reports, the decision was made in light of the company’s involvement in the ‘unprecedented generative AI hype cycle’, which has raised concerns about the sustainability of its growth.
