Palantir and Meta Platforms Just Signaled a $17 Billion Warning for Wall Street -- Is It Time to Worry?
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No trend has been more impactful on Wall Street over the last three years than the rise of artificial intelligence (AI). Empowering software and systems with the tools to make split-second decisions without human oversight, as well as to potentially learn over time and become more efficient at their assigned tasks (or new tasks), makes the addressable market for AI sky-high.Over the trailing-three-year period, as of Sept. 16, leading AI applications companies have soared. Shares of Palantir Technologies (NASDAQ: PLTR) have rallied north of 2,000%, while Meta Platforms (NASDAQ: META) bounced back strongly from the 2022 bear market to gain 416%.While both companies have been ideal examples of how AI can enhance existing operations and boost sales, they've also presented Wall Street with an undeniable warning that investors would be wise not to ignore.Continue readingWeiter zum vollständigen Artikel bei MotleyFool
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Quelle: MotleyFool
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