Palantir Technologies Inc. - Class A Common Stock (PLTR)

The S&P 500 and Nasdaq slipped on tech losses, even as the Dow held just above the flat line.

Wall Street experienced a day of mixed fortunes on Tuesday, as a significant sell-off in technology stocks dragged down major indices, while investors adopted a cautious "wait-and-see" approach ahead of Federal Reserve Chair Jerome Powell's highly anticipated speech at the Jackson Hole economic symposium. The S&P 500 and Nasdaq

Palantir’s strong government contracts and expanding commercial revenue position PLTR for long-term growth despite near-term volatility

Shares of data analytics company Palantir Technologies (NASDAQ:PLTR) fell 6% in the morning session after a prominent short-seller reiterated its bearish stance on the company, citing significant overvaluation and heavy insider selling. 

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Tech stocks pulled back on Tuesday as the absence of fresh bullish catalysts prompted investors to take profits after the recent months-long rally.

Geopolitical and macroeconomic dynamics appear to weighing on Palantir stock today.

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Citron Research says Palantir's valuation looks irrational versus OpenAI's. I agree.

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Palantir stock fell for the fifth straight trading session on Tuesday. With the retreat, Palantir stock is down 12% from its all-time high.

The company is experiencing soaring demand for its services.

PLTR stock's surge defies gravity with sky-high valuation multiples and modest cash flow, making even Apple look like a bargain.

Short-seller Citron targets Palantir, arguing the AI stock is overvalued. Find out why OpenAI's valuation suggests a "generous" $40 price.

Palantir has been the best-performing stock in the S&P over the past two years.