Wall Street, NVIDIA and Palantir
Digest more
Target names a new CEO and posts quarterly earnings that beat analysts’ forecasts, while Lowe’s posts better-than-expected second-quarter earnings and raises fiscal-year sales guidance.
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.
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.
2don MSN
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.
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.
This AI infrastructure play has delivered bigger gains than its larger peers since going public earlier this year.
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 stock slides 14% from peak as valuation fears, weak commercial growth, and AI reset weigh on sentiment.