$9.3 Billion Alert from Experts on Nvidia and Palantir Sends Shockwaves Through Wall Street

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Key Facts on Nvidia and Palantir’s Stock Performance

Nvidia’s market cap surpassed $5 trillion after starting 2023 at $360 billion, while Palantir’s stock surged nearly 2,900% this year. These advancements are largely attributed to their strong competitive advantages in AI technologies.

However, insiders have raised concerns with significant net-selling: Nvidia’s insiders sold $4.04 billion worth of shares and Palantir’s insiders sold $5.22 billion since November 4, 2023, totaling $9.3 billion combined. Notably, there has been no insider purchase at Nvidia since December 2020 and only one at Palantir since its IPO in September 2020, which may indicate a cautionary sentiment despite both companies’ heavy market valuations.

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