Palantir, NVIDIA stocks slip
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Tyler Radke, Citi senior equity research analyst, joins 'Squawk Box' to discuss Palantir's stock performance, who their top competitors are, and more.
As Palantir drops 15%, tech bull Dan Ives calls the selloff a healthy buying opportunity and sees massive long-term upside for the AI leader.
Two hedge fund managers with a track record for market beating returns sold Nvidia and bought Palantir in the second quarter.
Palantir Technologies was the worst performer in the S&P 500 on Tuesday, with the stock continuing to surrender gains following a blowout earnings report earlier this month.
Palantir stands out with its scalable AI impact, unique Ontology platform, and defensible moat. Read why I think PLTR stock is a buy-on-pullback opportunity.
In recent days, Palantir's stock has been showing signs of slowing down. After hitting a new all-time high of $190 on Aug. 12, it has proceeded to trade lower. By Monday, the AI stock would close at just over $174 -- down 8% from its recent high.
While Palantir might be Wall Street's AI sweet heart, these three stocks offer investors plenty of upside at better multiples.
A mammoth estimated addressable market for artificial intelligence (AI) of $15.7 trillion by 2030 has sent Industry-leading AI stocks skyrocketing higher. Executives and board members for Nvidia, Palantir,
One argument for why Figma could be more likely to be a millionaire-maker than Palantir is that it's much smaller. Figma's market cap of around $40 billion is only a fraction of Palantir's market cap of roughly $440 billion. Generally speaking, smaller companies have more room to grow than larger companies do.