Other short-sellers have joined the fray in recent weeks. At the end of July, Palantir had a short interest of 54.7 million shares, representing around 2% of all its public stock. Short interest in the firm has increased around 2% since the prior month, according to data from MarketBeat.

Shares of Palantir Technologies Inc (NASDAQ:PLTR) continue to face selling pressure following an AI-powered rally in recent months. Here's a look at what's going on.

ASML expects to generate revenue between 44 billion euros ($52 billion) and 60 billion euros ($70 billion) by 2030. The high end of that range is more than double the company's 2024 revenue. Palantir might grow at a faster rate, but I think its lofty valuation will prevent its share price from moving in lockstep. ASML shouldn't have this problem.