Palantir, NVIDIA stocks slip
Digest more
Walmart’s adjusted earnings miss analysts’ estimates but second-quarter revenue tops forecasts. Tech stocks Palantir, Nvidia, and Intel extend losses.
Two hedge fund managers with a track record for market beating returns sold Nvidia and bought Palantir in the second quarter.
The sudden reversal shows how the hottest AI trade and top-performing stock of the year is colliding with a broader market rotation out of big tech.
Palantir stock sinks below a key technical level, extending a steep two-day drop. History suggests buying the dip could pay off—big.
This AI infrastructure play has delivered bigger gains than its larger peers since going public earlier this year.
A mammoth estimated addressable market for artificial intelligence (AI) of $15.7 trillion by 2030 has sent Industry-leading AI stocks skyrocketing higher. Executives and board members for Nvidia, Palantir,
Palantir Q2 results highlight strong growth and margins with 50% YoY potential. Read more on risks like data reliance and market limits and why I remain bullish on PLTR.
Nvidia is now the most valuable publicly traded company in the world, and all signs point to another great earnings report this month. Palantir Technologies is the fastest-growing company in the S&P 500.
22hon MSN
Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money promised under Biden.