Palantir, S&P 500
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Wall Street, Palantir Technologies and NVIDIA
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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's price-to-sales ratio of 114 is way above OpenAI's 17. Palantir's success in defense work could block access to growth as enterprise AI payoff remains elusive
The S&P 500's best stock this year is fighting back, as it looks set to avoid suffering its worst stretch in 2 1/2-years. Palantir's stock was rallying 1.1% in recen
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.
After the growth stock more than doubled this year, it has been cooling off over the past week 10 stocks we like better than Palantir Technologies › Palantir Technologies (NASDAQ: PLTR) shares have been volatile all year,
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.
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,
Palantir stands out with its scalable AI impact, unique Ontology platform, and defensible moat. Read why I think PLTR stock is a buy-on-pullback opportunity.
Two hedge fund managers with a track record for market beating returns sold Nvidia and bought Palantir in the second quarter.