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Generative AI Surge Leads Analyst to Downgrade Palantir Technologies Stock

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San Francisco, California – A data analytics software company, Palantir Technologies, received a downgrade from an analyst on Thursday due to concerns about its inflated valuation amidst increased excitement around generative artificial intelligence. Following the news, Palantir’s stock experienced a decline in early trading. Analyst Brian White from Monness, Crespi, Hardt & Co., downgraded Palantir’s stock from neutral to sell, citing the company’s steep valuation driven by the generative AI hype cycle. He expressed concern …

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Apple Stock: Will Warren Buffett Sell Amid Weak iPhone Sales in China?

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Cupertino, California – Apple’s stock hit a low point for the year as reports of sluggish iPhone sales in China emerged, putting pressure on the tech giant. Investors are now speculating on how Warren Buffett, a major shareholder, will react to these challenges. So far this year, Apple’s stock has dropped by nearly 12%, contrasting with the S&P 500’s 6.5% gain. The decline continued on Monday, with a 2.5% drop following a $2 billion fine …

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Alphabet Stock Plunges After Two Sell Signals Triggered – What’s Next for Google Investors?

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San Francisco, CA – Investors in Alphabet, the parent company of Google, are facing a sense of familiarity after the release of the company’s fourth-quarter results on January 30. Google stock has triggered two sell signals in the aftermath. Following a rally to 153.78 and a breakout at a buy point of 139.42, the stock experienced a gap down post-results according to IBD MarketSurge chart analysis. Subsequently, shares formed a flat base but saw a …

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Carvana Stock Surges 37% After Strong Earnings Forecast – Is it Time to Buy?

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Atlanta, Georgia – Carvana, the online used-vehicle retailer based in Atlanta, provided a robust earnings forecast for the current quarter, attributing it to the strength in the used-car business. Following this news, Carvana stock surged above a key buy point on Friday. Although Carvana’s fourth-quarter report was described as “fundamentally mixed” by analyst Brad Erickson of RBC Capital Markets, the company’s outlook for the first quarter exceeded expectations, particularly in EBITDA. Despite missing targets in …

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