Is Artificial Intelligence (AI) Stock Palantir Technologies in a Bubble? We Just Got Our Answer…

view original post

But Nvidia has been usurped as Wall Street’s AI darling by data-mining specialist Palantir Technologies ( PLTR 1.44%). Heading into this week, Palantir was worth $293 billion, and its shares had risen by roughly 1,840% since the start of 2023. It went from being one of many high-growth tech stocks to a foundational piece of the AI revolution.