So much for being included into the Nasdaq 100.

Palantir Stock Sinks 6% As AI Frenzy Cools Off; Red Cat Shares Surge 15% on Palantir Partnership

Shares of Palantir Technologies Inc. plunged 5.02% on Monday, as the AI frenzy that had propelled the stock to remarkable heights in 2024 appeared to be cooling off. The sell-off came despite the company's inclusion in the prestigious Nasdaq-100 index, effective December 23rd.The decline in Palantir's stock price occurred amidst a broader pullback in the technology sector, with investors seemingly reassessing the lofty valuations of AI-related companies. While Palantir's AI-driven software solu
Palantir Stock Sinks 6% As AI Frenzy Cools Off; Red Cat Shares Surge 15% on Palantir Partnership

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