American software and data analytics company Palantir (NYSE: PLTR)  is among the hottest stocks in the market, having witnessed an 82% rally in 2024.Notably, the company’s venture into artificial intelligence (AI) and impressive Q2 2024 results have elevated investor interest in PLTR. Amid the overall market sell-off, Palantir is witnessing short-term growth due to factors such as plans to add equity to the S&P 500 index.As things stand, Palantir aims to sustain its valuation above the $30 support level. As ...