Cathie Wood Is Selling Palantir Stock. Here's Why That Makes Sense.

The artificial intelligence (AI) narrative is entering a new chapter, and it's time for the "Magnificent Seven" stocks to move over. Throughout 2024, investors have been presented with a host of new, emerging players that are working alongside big tech and have proven they are here to compete in the AI realm.In my eyes, Palantir Technologies (NYSE: PLTR) has become the most interesting case study among smaller technology companies. So far in 2024, shares of Palantir have gained 283% as of this writing, and the company stands as the best-performing stock in the S&P 500 this year.Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool