In this video, I will talk about the reason Palantir (PLTR -0.25%) popped 10% last Friday. Popular tech analyst Dan Ives initiated coverage of the company with a $25 price target, calling it the Messi of AI. Palantir stock is up over 170% in 2023, and while there might be more upside ahead, the downside risk is real. 

*Stock prices used were from the trading day of July 28, 2023. The video was published on July 30, 2023.