Nvidia (NASDAQ: NVDA) and Palantir Technologies (NASDAQ: PLTR) have recently been two of the hottest stocks on Wall Street because both companies play a key role in the artificial intelligence economy.
Unless Palantir's management gives an unbelievable projection of 40% to 50% revenue growth for 2025, its stock is likely highly overvalued. As a result, I don't think investors should buy Palantir stock before Feb. 3; instead, they should consider selling some.
Palantir Technologies (NASDAQ: PLTR) released a robust third-quarter 2024 report. Alex Karp, CEO of the artificial intelligence (AI)-powered data analytics company, included a statement in the press release.
Palantir Technologies (NASDAQ:PLTR) has been one of the best-performing artificial intelligence stocks over the past year, even better than Nvidia (NASDAQ:NVDA). Where the chipmaker returned 171% for investors in 2024,
Newly inaugurated President Donald Trump along with AI leaders Oracle, OpenAI, and SoftBank this week announced a $500 billion AI project to assure U.S. leadership in the technology. And my prediction is one stock in particular will be the biggest winner of this massive investment. Let's find out more.
Finbold consulted its very own AI stock price prediction tool to gauge if Nvidia or Palantir shares are a better investment in 2025.
Palantir stock skyrocketed in 2024, driven largely by trading multiple expansion. Read why I downgrade PLTR from sell to strong sell.
Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.
The picture in premarket trade was not looking good for many of the top tech stocks. Nvidia shares fell 3%, to $131.70, as Palantir Technologies, Tesla, Advanced Micro Devices and bitcoin holder MicroStrategy also lost ground.
Demand for Big Data services is increasing. Palantir, a leader in the field, should benefit. Here are the forecasts and price predictions for PLTR stock.
Palantir Technologies (NASDAQ: PLTR) went public in September 2020, and shares of the company that made its name by providing analytics and software platforms to federal government agencies have shot up a remarkable 608% since then as of this writing.
That turbulence has been on display recently, with Nvidia shares slumping after a presentation by chief executive Jensen Huang fell short of investors’ high expectations. The stock has dropped for five-straight sessions, shedding 12 per cent since hitting a record on Jan. 6. Investors say these kinds of swings come with the territory.