To The Moon

Famed investor Stanley Druckenmiller says he has trimmed his stake in AI bellwether $Nvidia$.Druckenmiller, who now runs the Duquesne Family Office, said on CNBC Tuesday that the chipmaker was among positions he recently reduced.He said with NVDA going from $150 to $900, "Guess what?We did cut that position, along with a lot of other positions in late March.""I just needed a break," he said. "We've had a hell of a run. A lot of what we recognized has become recognized by the marketplace now.""Lo

Government-related revenue has been a good source of growth for Palantir in the past.

PLTR stock is still one of the stronger choices among AI stocks, but it may take some time for shares to enter 'rally mode' once again.

Adobe shares drop after announcing slightly lower FY24 guidance.Price increase in Creative Cloud subscription expected to contribute to growth in FY24 and FY25.Integration of Firefly AI technology and

Here's why investors seeking exposure to AI-related stocks have much better options to consider than Palantir and PLTR stock.

5 Artificial Intelligence Stocks to Buy Before They Skyrocket. Why Recent Insider Selling Is NOT a Red Flag. Don't assume Peter Thiel's recent sale of shares is a warning to stay away. Palantir Technologies shares have recently hit a new 52-week high, but concerns are again rising that shares have become overvalued.Yet while the stock could soon experience another round of turbulence, I wouldn’t take the Thiel insider selling news to mean now’s the time to make an exit from an existing PLTR stock position.But besides valuation concerns , another cause for worry may be news of insider selling, from an entity affiliated with Palantir co-founder Peter Thiel, no less. Thiel has built a multi-billion dollar fortune founding, building, and/or investing in high tech companies. Palantir has of course been one of his most successful ventures.With this, many may be curious why, as Seeking Alpha reported Nov. 15, a venture capital fund affiliated with Thiel recently sold $48 million worth of PL

Famed investor Stanley Druckenmiller says he has trimmed his stake in AI bellwether $Nvidia$.Druckenmiller, who now runs the Duquesne Family Office, said on CNBC Tuesday that the chipmaker was among positions he recently reduced.He said with NVDA going from $150 to $900, "Guess what?We did cut that position, along with a lot of other positions in late March.""I just needed a break," he said. "We've had a hell of a run. A lot of what we recognized has become recognized by the marketplace now.""Lo

Apple (NASDAQ:AAPL) has made plenty of comments, acquisitions, hires and investments related to building artificial intelligence, but has yet to reveal any new AI products. While many anticipate great

April 16 (Reuters) - China's Baidu said on Tuesday its artificial intelligence chatbot “Ernie Bot” has garnered more than 200 million users as it seeks to remain China’s most popular ChatGPT-like chat

Company needs to restart search for next blockbuster productAlphabet and Chinese rivals still focused on automotive marketIn abandoning plans for a self-driving car, Apple Inc. is giving up on billion

Company needs to restart search for next blockbuster productAlphabet and Chinese rivals still focused on automotive marketIn abandoning plans for a self-driving car, Apple Inc. is giving up on billion

PLTR stock may soar after its earnings release next month, but instead of a sign to 'let it ride,' take the money and run when this happens.

Just about a week after signing a controversial contract with the UK’s national health service, $Palantir Technologies Inc.(PLTR)$ launched an influencer marketing campaign to counter criticism of the

Palantir stock can deliver a repeat double in 2024.Its commercial business continues to become an increasingly important part of its business.Its profitability makes it eligible for the S&P 500.Of the top-performing names from 2023 that Morningstar covers, Palantir stock had the fifth-best return, up 167.5% despite losing 14% in December.As Morningstar pointed out, Palantir and Nvidia were successful because of their mutual focus on AI. Shareholders from both companies could have another strong year, unless something disrupts AI in 2024.The company said in its Q3 2023 press release that it expects $2.218 billion in revenue in 2023 at the midpoint of its guidance. Based on its net income margin in the third quarter of 12.8%, it could earn as much as $284 million in GAAP profits in 2023. While not m

Government-related revenue has been a good source of growth for Palantir in the past.

PLTR stock is still one of the stronger choices among AI stocks, but it may take some time for shares to enter 'rally mode' once again.

Here's why investors seeking exposure to AI-related stocks have much better options to consider than Palantir and PLTR stock.

C3.ai investors who chased its upward surge toward its June highs suffered a decline of more than 50% before it bottomed out in October.The company is a leading enterprise AI software player well-posi