Stock Market Today: Dow edges lower
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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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Investor's Business Daily on MSNStock Market Today: Dow Jones Index Wavers Ahead Of Fed Minutes; Palantir Sells Off (Live Coverage)
Among the Nasdaq 100 stocks, Analog Devices ADI and Palo Alto Networks PANW rallied 3.7% and 1.6%, respectively, making them some of the best performers at the market open. On the downside, Intel INTC and Micron Technology MU tumbled 4.1% and 3.6%, respectively.
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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.
Short-seller Citron targets PLTR again, using a Databricks comparison to argue the stock is overvalued after its report sent shares falling.
Palantir Technologies (NASDAQ:PLTR) slid more than 9%, while Oracle lost over 5%. Both names have benefited this year fr
Palantir's dual-engine model delivers exceptional growth, margins, and defensibility. Click here to see why PLTR stock is a Buy.
Shares in Palantir fell as much as 9% in late trading on Tuesday amid a broad AI pullback and a critical short-seller report.
This AI infrastructure play has delivered bigger gains than its larger peers since going public earlier this year.
The stock has climbed 2.5x since early January and now trades at around $185 per share. After such a rapid ascent, should investors holding sizable gains cash out?
The Canadian Press on MSN20m
Drops for Nvidia, Palantir and other AI stars drag Wall Street lower again
Nvidia, Palantir and other superstar stocks that surged to records in the mania around artificial-intelligence technology are under pressure again on Wednesday and dragging Wall Street lower.