Nvidia, Palantir and Wall Street
Digest more
Target names a new CEO and posts quarterly earnings that beat analysts’ forecasts, while Palantir extends losses into a sixth-straight session.
This AI infrastructure play has delivered bigger gains than its larger peers since going public earlier this year.
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.
Wall Street fell further from its records. The S&P 500 lost 0.6% Tuesday, its third straight loss after setting its all-time high last week.
9hon MSN
Nvidia And Intel Lead Tech Stock Drop As White House Reportedly Seeks Equity For CHIPS Grants
Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money promised under Biden.
Palantir stock sinks below a key technical level, extending a steep two-day drop. History suggests buying the dip could pay off—big.
Palantir Q2 results highlight strong growth and margins with 50% YoY potential. Read more on risks like data reliance and market limits and why I remain bullish on PLTR.
Asian shares have retreated, tracking a decline on Wall Street led by technology shares including Nvidia and other stars that have been riding the mania surrounding artificial-intelligence
Feedback