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Palantir Technologies (PLTR) reported better-than-expected first-quarter revenue ($884 million, up 39% year-over-year) but in-line earnings, disappointing investors. Shares dropped over 9% in after-hours trading despite a raised full-year outlook. The stock, previously boosted by AI optimism, may be forming a double top pattern, with key support levels at $97, $83, and $66, and resistance near $125.

Prepared by Christopher Adams and reviewed by editorial team.