Walmart’s adjusted earnings miss analysts’ estimates but second-quarter revenue tops forecasts. Tech stocks Palantir, Nvidia, and Intel extend losses.

Two hedge fund managers with a track record for market beating returns sold Nvidia and bought Palantir in the second quarter.

The sudden reversal shows how the hottest AI trade and top-performing stock of the year is colliding with a broader market rotation out of big tech.

Palantir Q2 results highlight strong growth and margins with 50% YoY potential. Read more on risks like data reliance and market limits and why I remain bullish on PLTR.

This AI infrastructure play has delivered bigger gains than its larger peers since going public earlier this year.

Several major AI-related stocks, including Nvidia and Palantir, slipped after hours Tuesday as tech sector pressure weighed on markets.

Commerce Secretary Howard Lutnick told CNBC the U.S. government wants a stake in Intel in exchange for CHIPS Act grant money promised under Biden.

A mammoth estimated addressable market for artificial intelligence (AI) of $15.7 trillion by 2030 has sent Industry-leading AI stocks skyrocketing higher. Executives and board members for Nvidia, Palantir,