Artificial intelligence (AI) could boost the global economy by $15.7 trillion by 2030. Palantir’s stock has soared 2,800% since 2023, thanks to its sustainable moat. However, the company faces challenges from historical headwinds. Palantir’s Q3 results are eagerly awaited, but expectations may not be met. The company’s success is attributed to its sustainable moat and core operating segments, Gotham and Foundry, which lack major competition. Despite its growth forecast, Palantir faces skepticism due to its high valuation and potential bubble burst. The company relies heavily on government contracts and subscriptions, which might not be enough to sustain its stock price. Wall Street is skeptical about Palantir’s future success, given its high valuation and historical market trends. Consider other investment options recommended by the Motley Fool Stock Advisor team for potentially higher returns.

Read more at Nasdaq: Prediction: Artificial Intelligence (AI) Powerhouse Palantir Technologies Will Disappoint Wall Street on Nov. 3