Agentic AI is coming in 2025. In the first few days of the year, AI agents became a popular investing theme, representing the next iteration of artificial intelligence (AI) applications.
Palantir (NASDAQ: PLTR) finds itself at a critical juncture as Jefferies analyst Brent Thill reiterated his ‘Underperform' rating, maintaining a $28 price target for the stock on January 13.
S&P 500 slides 0.6% as Palantir drops 4% and Moderna tumbles 23%. Rising Treasury yields and upcoming CPI data keep traders on edge.
Rising bond yields and tech stock losses pressure S&P500 and Nasdaq 100 futures today. Nvidia, Palantir, and Tesla lead declines as inflation data looms.
The big stocks in the tech sector of the United States are all on the back foot in premarket trading, as fears of interest rates rising even further, and the restrictions on Nvidia exporting AI chips to certain countries will continue to cause problems.
Popular technology stocks tumbled Monday as bond yields rose, dragging down tech-heavy Nasdaq-100 futures.
Cathie Wood, CEO and Chief Investment Officer of Ark Investment Management (ARKK), has drawn attention after offloading $17 million worth of Palantir (NASDAQ: PLTR) stock in the first week of January 2025.
For its first few years as a public company, Palantir Technologies (PLTR -1.42%) struggled mightily to capture meaningful market share in the enterprise software space. The company's sluggish growth and heavy reliance on lumpy federal contracts fueled a perception that Palantir was really more of a government consulting operation and less so a legitimate player in the software arena.
Palantir Technologies (PLTR -1.42%) just had a year for the record books. The artificial intelligence (AI) and data mining specialist soared 340% in 2024, according to data provided by S&P Global Market Intelligence.
Famed investor Cathie Wood, the CEO and chief investment officer of Ark Invest who is best known for her high-flying Ark Innovation (ARKK -2.51%) exchange-traded fund (ETF), was recently selling shares of Palantir Technologies (PLTR -1.42%). Wood originally bought the stock back in 2021 but then exited the position in early 2022.
Palantir Technologies Inc PLTR joined the prestigious Nasdaq-100 index on Dec. 23, a milestone often seen as a vote of confidence for companies with promising growth trajectories.
Palantir, Netflix and three high-flying "apps" maintain their spot among 25 highly rated stocks in the top-ranked industries. The post Despite Struggles, Palantir Secures Spot Among 25 'Perfect' Stocks appeared first on Investor's Business Daily.