Walmart’s adjusted earnings miss analysts’ estimates but second-quarter revenue tops forecasts. AI stock Palantir edges higher after closing down for six-straight sessions.

Palantir’s dramatic stock moves followed fresh fire from short-sellers, particularly Citron Research, led by Andrew Left. In a scathing report, Citron argued that Palantir’s stock was detached from its business fundamentals and sound analysis.

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Andrew Left argues that investors have overhyped Palantir stock, and its valuation pales in comparison to a true AI leader like OpenAI.

In recent days, Palantir's stock has been showing signs of slowing down. After hitting a new all-time high of $190 on Aug. 12, it has proceeded to trade lower. By Monday, the AI stock would close at just over $174 -- down 8% from its recent high.