Palantir Stock Drop, Nvidia & Meta AI Lead, Apple $490M Fine

Palantir's stock valuation is under scrutiny, with Citron Research suggesting it's overvalued compared to OpenAI, potentially leading to a price target of around $40 per share. This assessment has contributed to a stock drop for Palantir, alongside other AI-related stocks like NVIDIA and Meta, amidst a general cooling of AI hype. However, NVIDIA and Meta are still seen as potential outperformers in the AI space, with NVIDIA dominating China's AI chip market through strategic product innovation, including a revenue-sharing agreement with the U.S. government for its H20 chips. Meta is leveraging its position in digital advertising and investments in AI, including its Ray-Ban smart glasses. In other AI developments, CrowdStrike has been added to the Wedbush AI 30 Index due to its AI security features, joining companies like Roblox and GE Vernova. Dan Ives' "AI 30" list, used for the Dan Ives Wedbush AI Revolution ETF, also includes Nebius for cloud infrastructure. AI ETFs are investing in companies like Microsoft (due to Azure and its OpenAI partnership), Alphabet (Google Cloud and AI research), Taiwan Semiconductor Manufacturing Company (TSMC), and Broadcom. Broadcom's shares experienced a dip following insider selling, though analysts maintain a positive outlook due to AI potential. Apple, meanwhile, faces pressure to innovate in AI and is dealing with a $490 million settlement over China sales. Huntington and Live Oak banks are investing in AI lending solutions for small businesses, utilizing Casca software to automate SBA loans and streamline the loan application process. Protege has secured $25 million to expand its AI training data platform, which facilitates secure data access for AI developers. Sylvia Jablonski from Defiance ETFs highlights AI and quantum computing as the future of tech investing, noting significant investments in NVIDIA's AI chips and the increasing demand for data centers and energy, which are areas targeted by the Defiance AI & Power Infrastructure ETF (AIPO).

Key Takeaways

• Citron Research believes Palantir's stock is overvalued compared to OpenAI, suggesting a price target of $40.
• Palantir's stock has fallen, along with NVIDIA and Meta, amid cooling AI hype.
• NVIDIA dominates China's AI chip market using strategic product innovation and a revenue-sharing deal with the U.S. government.
• Meta is positioned to outperform in AI through digital advertising and investments in AI, including Ray-Ban smart glasses.
• CrowdStrike joins the Wedbush AI 30 Index for its AI security features.
• Dan Ives' "AI 30" list includes CrowdStrike, GE Vernova, Roblox, and Nebius.
• AI ETFs are investing in Microsoft (Azure, OpenAI), Alphabet (Google Cloud, AI research), TSMC, and Broadcom.
• Apple faces pressure to innovate in AI and settles for $490 million over China sales.
• Huntington and Live Oak banks are investing in AI lending for small businesses using Casca software.
• Protege raised $25M to expand its AI training data platform.

Palantir stock is overvalued says short-seller Andrew Left citing OpenAI

Andrew Left from Citron Research says Palantir stock is too expensive. He compares Palantir to OpenAI, which is planning to sell $6 billion in stock. Citron Research thinks Palantir's stock price should be much lower, around $40 per share, even though Palantir's stock has already gone down recently. Palantir's stock has been doing well this year, but it has dropped recently after the short report.

Palantir stock drops as Citron Research calls valuation irrational

Palantir stock is falling because Citron Research thinks it is overvalued compared to OpenAI. Citron Research says that Palantir's stock should be around $40 per share if it was valued the same way as OpenAI. Palantir's stock is currently trading much higher, about 7.5 times more than OpenAI. Citron Research agrees that Palantir must grow quickly to justify its high stock price.

Palantir stock falls with NVIDIA and Meta as AI hype cools

Palantir stock is dropping, along with other AI stocks like NVIDIA and Meta. Palantir's stock fell 9% after a report said it was overvalued. The report compared Palantir to OpenAI and suggested Palantir's stock price should be much lower. Palantir's stock had been doing well this year because of its AI tools, including a $10 billion deal with the Army.

CrowdStrike joins Wedbush AI 30 Index amid AI security growth

CrowdStrike, a network security company, is now part of the Wedbush AI 30 Index. This index highlights companies that are leading in AI innovation. CrowdStrike was chosen because of its AI security features and the success of its Charlotte AI product. Roblox, GE Vernova, and Nebius were also added to the index, showing how AI is growing in different industries.

CrowdStrike, Roblox, GE Vernova added to Dan Ives' AI stock list

Wedbush analyst Dan Ives updated his list of top AI stocks. He added CrowdStrike for cybersecurity, GE Vernova for powering AI data centers, Roblox for its AI tools, and Nebius for cloud infrastructure. Ives believes these companies will shape the future of AI. His "AI 30" list is used for the Dan Ives Wedbush AI Revolution ETF.

AI ETFs are buying these 4 stocks you might not expect

AI ETFs are investing in companies that help AI development in different ways. Microsoft is included because of its Azure cloud platform and partnership with OpenAI. Alphabet, Google's parent company, is also a major player with its Google Cloud platform and AI research. Taiwan Semiconductor Manufacturing Company (TSMC) manufactures the chips needed for AI, and Broadcom provides important software and hardware for AI infrastructure.

Nvidia and Meta could beat the Nasdaq with AI

Nvidia and Meta Platforms are two AI stocks that could outperform the Nasdaq. Nvidia's data center chips are in high demand for AI. Meta Platforms has a strong position in digital advertising and is investing in AI. Meta's Ray-Ban smart glasses are also showing promise.

Apple faces AI pressure and $490M settlement over China sales

Analysts are concerned that Apple is falling behind in the AI race. Apple is also dealing with a $490 million settlement related to claims it misled investors about iPhone sales in China. Despite excitement for the iPhone 17, Apple needs to focus on AI. The company also faces challenges with tariffs and supply chains.

Broadcom shares dip amid insider selling and hedge fund changes

Broadcom shares decreased slightly after a high volume of trading. Company insiders sold a large amount of stock, including CEO Hock Tan. Hedge funds had mixed reactions, with some buying shares and others selling. Analysts still think Broadcom has potential for growth because of AI.

AI, quantum computing are the future of tech investing

Sylvia Jablonski from Defiance ETFs talks about investing in AI and quantum computing. Tech companies are investing billions in AI, especially in NVIDIA's AI chips. This is increasing the need for data centers and energy. The Defiance AI & Power Infrastructure ETF (AIPO) invests in companies that benefit from AI hardware and data centers. The Defiance Quantum ETF (QTUM) focuses on quantum computing and machine learning.

Huntington and Live Oak invest in AI lending for small businesses

Huntington and Live Oak banks are investing in AI to improve lending for small businesses. Live Oak Bank will use Casca software to automate small SBA loans. Huntington Bank plans to use Casca's AI to help small business owners with loan applications. The AI can answer questions and streamline the loan process.

Nvidia dominates China's AI chip market with strategic product innovation

Nvidia is using a smart strategy to lead China's AI chip market despite U.S. export rules. Nvidia secured a deal to share revenue with the U.S. government, allowing them to sell H20 chips in China. Their Blackwell architecture is also very powerful. Even with competition from Huawei, Nvidia's strong software and products keep them ahead.

Protege raises $25M to expand AI training data platform

Protege, a platform for AI training data, has raised $25 million. The company helps AI developers get secure access to data. Protege has partnerships with over 100 data providers and offers a large catalog of training data. The funding will be used to improve the product, expand into new areas, and grow partnerships.

Sources

• Short-seller Andrew Left says OpenAI's $500 billion valuation proves Palantir stock is way too expensive
• Why Palantir Stock Is Plummeting Today
• Palantir Stock Slumps Over 9% As AI Stocks Like NVIDIA And Meta Cool Off
• CrowdStrike Joins Wedbush AI 30 Index Amid AI Security Expansion
• CRWD, RBLX, GEV, NBIS: Top Analyst Dan Ives Expands AI Stock List with New Winners
• 4 Stocks Every AI ETF Is Buying—And They’re Not What You Think
• 2 Top Artificial Intelligence (AI) Stocks That Could Crush the Nasdaq
• AAPL: AI Pressure Mounts — But $490M Settlement Over China Sales Still Weighs
• Broadcom shares slip to 11th in trading activity amid insider selling surge and hedge fund split as analysts remain bullish on AI-driven growth
• AI, Quantum, and the Future of Tech Investing
• Huntington, Live Oak to invest in, deploy gen AI-based lending
• Nvidia's Strategic Pivot in China's AI Semiconductor Market: Geopolitical Tailwinds and Product Innovation Fuel High-Margin Growth
• Protege Announces $25M Series A to Expand AI Training Data Platform