|
Carmen Reinicke__Business Insider |
“I do not like how it is positioned or the investments it is making. It did not need to do what it is doing, and I do not know why it is doing this....
Trading at 245 times forward earnings, Palantir is the most richly-valued company in the S&P 500, while Nvidia trades at 35 times forward earnings.
Apple stock dropped 19% in the wake of President Trump's tariffs announcement, marking the worst three-day stretch for the company since 2001.