Palantir (NASDAQ:PLTR) had a topsy-turvy week, yet its upward trajectory remained largely unaffected by the AI chatter surrounding DeepSeek.

Palantir's stock is detached from reality as it trades at an irrationally exuberant price. Find out why we have recently opened a short position in PLTR.

Karp has been hyping up the business, and that means expectations will be high for Palantir when it releases its results on Feb. 3. But even if it can deliver, that may not be enough to send the stock soaring.