Well... investors continue to pour in to NVIDIA even after Jensen dumped his shares isn't it 🤣... Missed the boat and now trying ter Create another opportunity I see...
Last quarter of 2024 Palantir will hit $50. 2 weeks left, there is the chance that it would hit $40 but looking at the momentum it might be just slightly under before month end
Palantir is definitely hitting $40 in the last quarter of 2024 no doubt. We just need its 3rd quarter earnings for it to breakthrough $40 and gain overall confidence for investors. Remember those analysts shorting Palantir? They're probably crying now..
$NVIDIA Corp(NVDA)$ Nvidia's future at this point is rather doubtful. The company would be facing many unforeseen obstacles which would eventually realize in the very near future. Rival Chinese companies with the backing of Chinese government are catching up and Let's not forget that it's still sandwiched between 2 major power. Adding on to its recent antitrust investigations, not a good sign for Jensen.
Over valuation is probably what someone who'd missed the lows who'd say in an attempt to snap it up again. Anyone who used Palantir's software would know that once integrated into a corporate system, would be difficult to exit let alone employees who are unwilling to give it up.
$NVIDIA Corp(NVDA)$ Too much hype for Nvidia... Putting aside its business, from a political stand point Nvidia is in a terrible position when it's stuck between 2 major country/market. Wouldn't put too much hope in them until there's peace.