Palantir, NVIDIA and other AI stars dim
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Palantir stock falls 7% amid sixth straight day of losses: analysts weigh revival prospects
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,
As Palantir drops 15%, tech bull Dan Ives calls the selloff a healthy buying opportunity and sees massive long-term upside for the AI leader.
Palantir's growth continues to be led by U.S. commercial customers adopting its Artificial Intelligence Platform (AIP). The company once again credited AIP's ontology, saying it is "pure understanding," and that without it, large language models (LLMs) cannot actually work in the real world
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.
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,
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.
Short-seller Citron targets PLTR again, using a Databricks comparison to argue the stock is overvalued after its report sent shares falling.