Very Low Earth Orbit (VLEO) refers to altitudes below 450 km, much lower than traditional low Earth orbit (LEO), which typically includes altitudes between 500 km and 2,000 km.

Palantir has been on a tear, gaining roughly 800% over the past three years, but two developments this week have sent the stock reeling. First, reports emerge

Related: Walmart, Booking.com will rock markets in a busy earnings week But there was probably more behind the selling, including that Palantir's shares had become way too pricey and were vulnerable to a selloff.

Netflix is a more mature business than Palantir. However, the streaming giant puts up a surprisingly good fight when matched against one of Wall Street's hottest AI stocks.