Wall Street, Palantir Technologies
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Target names a new CEO and posts quarterly earnings that beat analysts’ forecasts, while Palantir extends losses into a sixth-straight session.
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.
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Barchart on MSNIs Palantir Stock a Buy Below $140?
Palantir stock has tanked over 20% from its all-time high but Jefferies analyst Brent Thill argues it could crash much further from current levels.
This AI infrastructure play has delivered bigger gains than its larger peers since going public earlier this year.
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.
Palantir stock slides 14% from peak as valuation fears, weak commercial growth, and AI reset weigh on sentiment.
Enterprise software stocks were lower on Tuesday as traders awaited further catalysts in the sector and looked towards the end of the week. Read for more.