Palantir is trading at $170.09, down -3.03% on November 4. The decline follows its November 2 earnings report, which showed quarterly revenue rose 96% to $2.31 billion and a raised full-year outlook, but also highlighted total contract value growth slowing to 6%, prompting investor questions about future demand and growth. Additionally, market data from today, November 4, indicates concerns that a newly Democratic-controlled Congress could bring stricter regulation to AI infrastructure, affecting high-valuation AI stocks like Palantir.