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,
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.
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.
Ostojic also talked about the Jensen Huang-led company and said its stock has been going “sideways” and the market is waiting for the next big “trigger.” He is bullish on the company and thinks the $500 billion plan with the company at its center could be the next growth catalyst investors were waiting for.
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.
As Trump's unveiling of Stargate AI boosts names like Nvidia, Palantir and Broadcom, this stock screener highlights 26 top-rated stocks.
But now there is one analyst who's again projecting upside: Wedbush's Daniel Ives boosted his target price to $90 on Thursday morning. Palantir's stock (PLTR) closed at $76.87 on Wednesday, so his target implies it can rise 17% from there, on top of a 344% surge seen over the past year.