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.
In the context of his full statement, he means the AI haves will be winners, and the AI have-nots will be losers. He's talking in a very broad sense -- from companies to countries. This black-and-white proclamation is much stronger than the usual comments one hears about how important AI will be.
Early premarket action shows hefty falls for many AI-linked stocks. Shares of AI chipmaker Nvidia, the market's biggest company by valuation, are plunging nearly 9% on fears sales will in future be less than hoped,
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) 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,
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.
Nvidia's stock prices are currently looking a little dicey for US investor to put their money into, and market analysts are now referring to the stock's history to suggest that things are looking pumped for a potential Nvidia stock crash in 2025.
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.
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.
Nvidia, Oracle shares are down as Chinese Artificial Intelligence startup have left OpenAI's ChatGpt behind in one key aspect.
Growth stocks helped major indexes soar last year, and two in particular stood out. Nvidia (NASDAQ: NVDA) posted the biggest gain in the Dow Jones Industrial Average, and Palantir Technologies (NASDAQ: PLTR) delivered the top performance in the S&P 500.