Palantir, NVIDIA stocks slip
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Walmart’s adjusted earnings miss analysts’ estimates but second-quarter revenue tops forecasts. Tech stocks Palantir, Nvidia, and Intel extend losses.
In recent days, Palantir's stock has been showing signs of slowing down. After hitting a new all-time high of $190 on Aug. 12, it has proceeded to trade lower. By Monday, the AI stock would close at just over $174 -- down 8% from its recent high.
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Palantir’s stock is sliding. Here’s why this short-seller thinks even a $40 price tag is ‘generous.’
Andrew Left argues that investors have overhyped Palantir stock, and its valuation pales in comparison to a true AI leader like OpenAI.
Citron Research, the firm led by short-seller Andrew Left, unpacked its bear case for Palantir, using OpenAI to show why it may be highly overvalued.
Two hedge fund managers with a track record for market beating returns sold Nvidia and bought Palantir in the second quarter.
Palantir Technologies Inc (NASDAQ:PLTR) shares are trading lower Wednesday as the stock continues to pull back following a strong run in recent weeks. Here's what you need to know.
While the operational momentum is clearly solid, investors should pay closer attention to the risks. History shows Palantir stock can fall hard as sentiment shifts.
Palantir ( PLTR -5.81%) stock is getting hit with another substantial round of sell-offs Wednesday on the heels of a big valuation pullback in yesterday's trading. The artificial intelligence ( AI) leader's share price was down 7% as of 11:15 a.m. ET and had been down as much as 9.8% earlier in trading.
Intel was down 1.1% after the chip maker rose nearly 7% on Tuesday to $25.31, its highest close since March 18. Driving the stock higher was a $2 billion investment from Japan’s SoftBank. Intel stock has risen seven of the past eight trading sessions and has gained almost 28% in August, according to Dow Jones Market Data.