Two hedge fund managers with a track record for market beating returns sold Nvidia and bought Palantir in the second quarter.

Nvidia stock is currently set to record its first two-week losing streak since April amid fears of an AI bubble.

Walmart’s adjusted earnings miss analysts’ estimates but second-quarter revenue tops forecasts. Tech stocks Palantir, Nvidia, and Intel rise after days of declines.

The business cycle could be moving into territory where megacaps have historically lagged. Could this prompt the bursting of the AI megacap bubble?

Microsoft (NASDAQ: MSFT) is not a high-yield dividend stock. Far from it. Indeed, the yield currently sits well below 1%.

Nvidia, whose chips are powering much of the world’s move into AI, sank as much as 3.9% during the morning and was on track to be the heaviest weight on Wall Street following its 3.5% fall on Tuesday.