Palantir, NVIDIA and other AI stars dim
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Hedge funds led by billionaires Israel Englander and Chris Rokos sold Nvidia and bought Palantir stock in the first quarter. Nvidia is the market leader in data center GPUs and generative AI networking gear,
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 Technologies was the worst performer in the S&P 500 on Tuesday, with the stock continuing to surrender gains following a blowout earnings report earlier this month.
Palantir Technologies on Monday raised its annual revenue forecast for the second time this year, expecting sustained demand for its AI-linked services from businesses and governments.
Nvidia, Palantir and other superstar stocks that surged to records in the mania around artificial-intelligence technology are under pressure again on Wednesday and dragging Wall Street lower. The S&P 500 fell 0.
Palantir shares have fallen nearly 20% over the past two days following a large post Q2 earnings rally earlier this month. Learn more on PLTR stock here.
Palantir stock (NASDAQ: PLTR) took a sharp hit on Wednesday, falling about 7% as high-valuation tech stocks pulled back across the market. The AI and data analytics company had hit record highs earlier in the month,
Short-seller Citron targets PLTR again, using a Databricks comparison to argue the stock is overvalued after its report sent shares falling.