Palantir shares fell by approximately 14% over the week, despite public backing from Donald Trump, who praised the effectiveness of the group's technology in US military operations. The company provides artificial intelligence-driven analytical tools, notably used for target identification in the Middle East conflict. This proximity to public institutions remains a cornerstone of its business model, with more than half of its US revenue derived from government contracts.

However, the stock is being penalized by a broader retreat in technology shares, fueled by concerns over recent advancements in artificial intelligence. The launch of the Mythos model by Anthropic, perceived as potentially disruptive, has reignited fears of a challenge to established software players, including Palantir.

In this context, questions regarding the group's valuation are intensifying. Some investors, including short-seller Michael Burry, consider its share price excessive relative to its fundamentals. Between its reliance on public contracts, technological competition, and an uncertain geopolitical environment, Palantir is navigating an increasingly complex landscape.