Palantir, S&P 500 and Straight Session
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Wall Street, NVIDIA and Palantir Technologies
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Palantir shares have fallen around 15% across the last five days of trading, completely erasing gains made near the start of the month.
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Investor's Business Daily on MSNPalantir Snaps Losing Streak. Software Maker Ekes Out Gain Amid Questions Over AI Boom.
Palantir stock closed slightly up on Thursday, after declining for six straight sessions. Palantir's pullback raised questions over whether the AI stock boom is winding down.
While Palantir might be Wall Street's AI sweet heart, these three stocks offer investors plenty of upside at better multiples.
Palantir's price-to-sales ratio of 114 is way above OpenAI's 17. Palantir's success in defense work could block access to growth as enterprise AI payoff remains elusive
Palantir deepens its AI partnership with Fujitsu, licensing its AIP platform in Japan to drive enterprise transformation, with global expansion plans ahead.
During BigBear.ai's second-quarter earnings call, CEO Kevin McAleenan acknowledged that the company has "seen disruptions in federal contracts from efficiency efforts this quarter, most notably in programs that support the U.S. Army, as they seek to consolidate and modernize their data architecture."
Palantir's massive government and commercial contracts, expanding AI platforms, and strong execution justify its premium valuation. See why PLTR stock is a Buy.
Tyler Radke, Citi senior equity research analyst, joins 'Squawk Box' to discuss Palantir's stock performance, who their top competitors are, and more.
One argument for why Figma could be more likely to be a millionaire-maker than Palantir is that it's much smaller. Figma's market cap of around $40 billion is only a fraction of Palantir's market cap of roughly $440 billion. Generally speaking, smaller companies have more room to grow than larger companies do.