Palantir Wins $178 Million Army Contract for AI Ground Stations, But Analyst Sees Stock Price Dropping as Hype Cools
- Palantir won $178M US Army contract to build AI-enabled ground stations
- Will deliver 10 prototypes (5 basic, 5 advanced) within 24 months
- Analyst Rishi Jaluria not as bullish on stock despite hype
- Sees Palantir as part of AI trend but not a cutting-edge AI innovator
- Stock price will likely come back down once hype vs reality gap narrows