Hiding inside Palantir’s skyrocketing quarter is a foreboding signal

Palantir's third-quarter earnings report showed a 96% year-over-year revenue growth to $2.31 billion, beating analysts' expectations, but also revealed a sign of slowing enterprise sales as companies are signing short-term trials. The company's U.S. commercial revenue surpassed U.S. government revenue for the first time ever, and Palantir upped its revenue guidance for the full year. However, the stock traded slightly down on Tuesday despite the strong earnings report.