investing.com

Palantir stock is ‘overhyped on AI’ says Jefferies, cuts rating to sell; Shares fall By Investing.com

Palantir (NYSE:PLTR) stock fell 3.4% in early Friday trade after Jefferies analysts downgraded the rating to Underperform (equivalent to sell). The new price target of $13 suggests a 20% downside risk based on yesterday’s closing price. While analysts acknowledge that Palantir “is a unique data asset with a particularly wide technology moat and a data …

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‘2000 Deja Vu’: Fred Hickey says AI rally is no different than Dot-com bubble By Investing.com

Fred Hickey, a prominent investor and the editor of the newsletter “The High-Tech Strategist” which is published monthly for the past 34 years, argues that today’s market is resembling the 1999-2000 tech bubble. He sees the ‘Big Seven’ – Apple (NASDAQ:AAPL), Microsoft (NASDAQ:MSFT), Amazon (NASDAQ:AMZN), Alphabet (NASDAQ:GOOGL), Meta Platforms (NASDAQ:META), Nvidia (NASDAQ:NVDA), and Tesla (NASDAQ:TSLA) …

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