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.
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,
Leading companies on the cutting edge of next-big-thing innovations don't have the best track record of sustaining parabolic moves higher.
Palantir stock skyrocketed in 2024, driven largely by trading multiple expansion. Read why I downgrade PLTR from sell to strong sell.
When investors think about high-flying artificial intelligence (AI) stocks, Nvidia or Palantir Technologies probably come immediately to mind. Could buying Soundhound AI stock today set you up for life?
Alongside its strong growth, Palantir is profitable, consistently producing around 20% profit margins. While some other software companies' profit margins can surpass 30%, 20% is still a noteworthy figure, as it shows that management values profitability alongside growth.
Finbold consulted its very own AI stock price prediction tool to gauge if Nvidia or Palantir shares are a better investment in 2025.
While Palantir Technologies stock (NASDAQ: PLTR) had a stellar 2024, with its stock rising by about 4x, driven by the market frenzy surrounding artificial
The picture in premarket trade was not looking good for many of the top tech stocks. Nvidia shares fell 3%, to $131.70, as Palantir Technologies, Tesla, Advanced Micro Devices and bitcoin holder MicroStrategy also lost ground.
Palantir Technologies (NASDAQ: PLTR) went public in September 2020, and shares of the company that made its name by providing analytics and software platforms to federal government agencies have shot up a remarkable 608% since then as of this writing.
Palantir Technologies Inc. (NYSE: PLTR) stock jumped 1.81% on Tuesday and is up 8.43% over the past five trading sessions on the back of President Trump rescinding a Biden-era executive order ...
Voyager Technologies files for IPO, has partnership with Palantir, as the defense and space sector gains momentum under Trump. PLTR stock bullish.