Palantir Technologies Inc Stock News

Magnificent Seven stocks have been some of the most successful growth stocks and make up a large portion of the S&P 500.

The artificial intelligence trade is one that's become integral to the U.S.

Palantir Technologies (PLTR) stock has decreased by 5.6% in Wednesday's trading and is currently valued at $177.29. While the company has seen expanding partnerships and contracts, fueling growth of its commercial segment, investors have been skeptical about the broader AI trade.

Palantir (PLTR +4.95%) is building real operational AI with Nvidia, which could accelerate AIP adoption across the enterprise and government faster than the market expects. But the stock is priced for perfection, and government timing risk plus legal headlines can trigger sharp volatility even during strong execution.

Micron Technology, Palantir Technologies, and Warner Bros. Discovery have been top performers on the Nasdaq-100.

Tesla and Palantir both have low institutional ownership figures. The rise of retail investing provides another force that can influence stocks.

AI stocks have been some of the best investment opportunities, and these two growth stocks can continue the trend. Palantir is signing massive deals for its AI software while boosting margins.

The S&P 500 and Nasdaq sold off sharply Wednesday, breaching key support levels. Palantir, Reddit and Tesla are near buy points.