Three years after the launch of OpenAI's ChatGPT, the generative AI hype cycle is getting long in the tooth as investors grow impatient with the lack of value being created on the software side of the industry.
Given PLTR's recent stock price decline, it's essential to evaluate its current standing and determine whether this presents a buying opportunity.
As of this writing, Palantir Technologies (PLTR -1.14%) stock has dropped more than 35% from its all-time high.
Joel Hawthorne turns to the A.I. trade in today's Big 3 to explain the promise he sees despite recent pullbacks.
Shares of Palantir Technologies Inc. (NASDAQ: PLTR) slipped -0.53% on Monday during the morning session, as traders took some gains after the stock rallied 13.66% over the past five days.
A Wall Street analyst believes Palantir's (NASDAQ: PLTR) expanding artificial intelligence (AI) ecosystem, marked by major partnerships, could be a key catalyst for the company's stock growth.
Aquiles Larrea still likes Nvidia (NVDA) but says it may be a "slower growth story" now, as he pulls back expectations for the A.I. chipmaker in the near-term.
The shocking price drop Palantir (NASDAQ: PLTR) shares suffered since late February appears to have done little to deter Stephen Cohen, one of the biggest PLTR insider sellers.
Palantir (NASDAQ: PLTR) stock seems to be regaining its bullish trend. The equity is now targeting reclaiming the $100 mark as an artificial intelligence (AI) tool projects sustained gains in the coming weeks.
Artificial intelligence (AI) has the potential to change just about every industry under the sun, and businesses are spending heavily to stay ahead of the curb. AI-powered software can automate simple tasks while making knowledge workers more efficient and productive in their jobs.
Palantir Technologies (PLTR 8.31%) is one of the market's hottest growth stocks. When the data mining and analytics company went public via a direct listing on Sept.
At the time of writing, Palantir's (PLTR 8.31%) stock price is down 37% from an all-time high of roughly $125 reached on Feb. 18. This is an alarming turn of events for a Wall Street darling that has benefited from two big hype cycles: generative AI and the election of Donald Trump.