Palantir's Slide, Sandisk's Surge: AI Stock Showdown
Business & Finance News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
Palantir Technologies stock surge halts, dropping thirty percent despite robust revenue growth, as investors cash in profits and rotate out of pricey tech amid economic uncertainty and regulatory worries. Meanwhile, Sandisk, a hot alternative in AI storage, soars one thousand sixty-seven percent in twelve months, riding the AI demand wave with flash drives and solid-state drives for data centers. Despite a new Google algorithm causing some fears, analysts predict storage demand will keep surging, making Sandisk a promising growth play with a forward P/E of just eighteen.
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