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Are CoreWeave and Palantir the new meme stocks? Analysts weigh in


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Published in Stocks and Investing on by Invezz   Print publication without navigation

CoreWeave and Palantir stocks soar, drawing parallels with meme stocks amid AI boom. Analysts warn of risks despite strong business fundamentals.

The article from MSN Money discusses the potential of CoreWeave and Palantir becoming the new meme stocks, as analyzed by financial experts. CoreWeave, a cloud computing company, has seen its valuation soar due to high demand for its services in AI and machine learning, drawing comparisons to the meme stock frenzy. Palantir, known for its data analytics software, has also gained attention, particularly after announcing a partnership with Oracle. Analysts are divided on whether these companies will follow the path of meme stocks like GameStop and AMC, with some pointing to strong fundamentals and others warning of speculative bubbles. The article highlights the rapid growth and market interest in both companies but cautions investors to approach with due diligence.

Read the Full Invezz Article at:
[ https://www.msn.com/en-us/money/other/are-coreweave-and-palantir-the-new-meme-stocks-analysts-weigh-in/ar-AA1Gsoeu ]

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