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Dow Jones Hits Record Highs; Palantir Plunges on Army Network Security Concerns

Dow Jones Hits Record Highs; Palantir Plunges on Army Network Security Concerns

Dow Jones Hits Record Highs; Palantir Plunges on Army Network Security Concerns The U.S. stock market concluded Friday’s trading session with a mixed performance, highlighted by the Dow Jones Industrial Average achieving another record close. Small-cap stocks also showed strength, contributing to the session’s gains for certain sectors. However, not all segments of the market fared as well. Shares of Palantir Technologies (PLTR) experienced a significant drop following reports that the U.S. Army has voiced security concerns regarding a prototype…

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AI Stock Alarm: Citron Doubles Down on Palantir (PLTR) Overvaluation Concerns

AI Stock Alarm: Citron Doubles Down on Palantir (PLTR) Overvaluation Concerns

AI Stock Alarm: Citron Doubles Down on Palantir (PLTR) Overvaluation Concerns Palantir Technologies Inc. (NASDAQ:PLTR) stock remains under intense scrutiny after Citron issued a renewed warning this week regarding the AI firm’s elevated valuation. The influential research firm, which first raised concerns earlier, reiterated its view that Palantir’s shares are still overpriced, even suggesting a $40 per share valuation would be considered generous. This latest caution comes as the broader artificial intelligence market faces questions of sustainability, amplified by recent…

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