Palantir Technologies Inc. (PLTR) has been one of the most searched-for stocks on Zacks.com lately. So, you might want to look at some of the facts that could shape the stock's performance in the near term.

Palantir, which leverages artificial intelligence (AI) to analyze massive data sets and help make better decisions, is increasingly being called upon by the Trump administration to solve problems in agencies across the federal government, including the IRS and the Department of Homeland Security.

Shares of Palantir Technologies (NASDAQ:PLTR) slipped 0.34% over the past five trading sessions. That followed a sell-off after the company reported Q1 earnings on May 5. Still, the stock is up 8.90% over the past month and has gained more than 66% year-to-date.