Duquesne Family Office's chief is cashing in his chips on two leading artificial intelligence (AI) stocks in favor of a drugmaker whose shares are up by 112% for the year.

Palantir is a “rare cult with no sex and very little drugs and we’re not poisoning anyone,” quipped its billionaire CEO in a recent sitdown.

As you can see, the company's price-to-sales ratio has nearly quadrupled over the last year. The P/S ratio isn't a perfect measure of valuation, but 67.5 is off-the-charts high. A P/S of 20 is typically considered expensive, even in an industry like software where stocks tend to earn high valuations.

With its stock up 2,500% in the past five years, it's perhaps not surprising that investors are looking for the next Nvidia (NASDAQ: NVDA). The company has been the biggest winner from the artificial intelligence (AI) boom and as a result has become one of the largest companies in the world.

Palantir Technologies stock (NASDAQ: PLTR) remains up by over 4x since the beginning of the year, trading at about $74 per share.

Palantir's stock has surged without any selling pauses, raising concerns about a potential sharp pullback. Explore more details here.

With the advent of artificial intelligence (AI), shares of Palantir Technologies Inc. PLTR and NVIDIA Corporation NVDA have witnessed parabolic gains, making them popular investments on Wall Street.

Palantir Technologies (NASDAQ ... If Palantir had huge profit margins like Nvidia, the P/S valuation wouldn't be as alarming as it is. Currently, its P/E ratio is close to 400, so high to be ...

The Federal Reserve's monetary policy has consistently played a pivotal role in shaping the stock market, particularly for the technology sector. As interest ra

Big tech stocks have dominated in terms of returns in 2024 — here are 3 among them with the highest odds of repeating such success in 2025.

The promises of artificial intelligence and the rally in crypto prices were the main drivers of the best-performing tech stocks of 2024.

If you are sick of hearing about artificial intelligence (AI) on Wall Street, I have some bad news. This theme is unlikely to go away anytime soon. The market is incredibly broad, spanning technologies like voice recognition,