Wall Street, NVIDIA and Palantir
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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 Technologies Inc. (NASDAQ: PLTR) is one the AI Stocks Analysts Are Watching Closely . On August 18, Palantir stock received a cautious mention from Citron regarding the company’s stock valuation, marking the second time the firm has raised concerns.
AI software firm Palantir saw strong quarterly revenue, but its price-to-earnings ratio could be a warning sign for investors.
Two hedge fund managers with a track record for market beating returns sold Nvidia and bought Palantir in the second quarter.
Palantir shares closed at a record high on Tuesday after the data analytics software provider raised its full-year outlook amid booming demand for its AI platform. Monitor these chart levels.
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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.
The Motley Fool Stock Advisor analyst team just identified what they believe are the 10 best stocks for investors to buy now… and Palantir Technologies wasn’t one of them. The 10 stocks that made the cut could produce monster returns in the coming years.