Shares of Palantir Technologies Inc. (NASDAQ:PLTR) lost 5.71% over the past five trading sessions, dragging down its year-to-date gain to a still-impressive 73.88%.
US indices firm as S&P 500 and Nasdaq rise on tech gains. Meta and Palantir lead, trade hopes support the stock market while traders await Fed clarity.
When investing in stocks, it is important to understand how valuation works. You would not buy a house for $1 million if the recent comps for a similar home were $500,000, would you?
After surging to an all-time high of nearly $145, Palantir (NASDAQ: PLTR) shares have sharply retraced, currently trading around $130 following a 10.6% drop in the last trading session.
The U.S. defense industry is unmatched, backed by nearly $1 trillion in annual spending, supporting my long-standing investment in dividend-paying giants. A new wave of disruptors is shaking things up, blending AI and autonomy to chase growth, but sky-high valuations demand caution and realism. I prefer reliable incumbents, but I'm closely tracking promising innovators, because in this evolving...
From the growth of self-driving cars to the explosion in generative artificial intelligence (AI) capabilities, it's clear that AI is going to become increasingly integrated in our lives.
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