Ahead of Palantir's Q1 results after the bell, the artificial intelligence play isn't the "cutting-edge" it aims to be

Palantir shares are sliding in after-hours trading even after the tech company raised its full-year guidance. RBC Capital Markets Software Equity Analyst Rishi Jaluria joins Yahoo Finance to break down Palatir's first quarter earnings. Jaluria attributes PalantIR's status as an "over-hyped generative AI beneficiary company" to the market's reaction.

Palantir Technologies (PLTR) shares have shot up Monday morning ahead of its first-quarter earnings results. Analysts will be paying extra close attention to the software developer's performance in its AI platform (AIP) segment. Catalysts Co-Hosts Seana Smith and Madison Mills weigh in on how big of a growth driver artificial intelligence stands to be.