The amount of data generated through the digital world is immense. However, it is nearly impossible to make sense of what message it conveys without the help of a powerful software program. That's where IDC's 2021 top-ranked artificial intelligence (AI) software, Palantir (NYSE: PLTR), comes in.

Palantir's product started as a government-first technology but expanded into commercial businesses. Despite its overall growth, Palantir's stock has had an abysmal public life, with the stock down 26% since its IPO in late 2020. If you're looking for the stock to turn around, there were some positive signs in Palantir's third-quarter results. But if you're a bear on the company, there's something for you as well.

The headline number for revenue growth wasn't great: 22% year-over-year (YOY) growth to $478 million. In a vacuum, you may think that isn't an alarming number, but it continues the revenue slowdown trend that began long before the economy was showing signs of trouble.

Continue reading

Source Fool.com