Palantir Technologies (NASDAQ: PLTR) was one of the hottest artificial intelligence stocks on the market last year. Ives recently raised his 12-month target price to $90 per share, citing confidence in the company's artificial intelligence strategy. Ives thinks Palantir could be the next Oracle, a software company worth $515 billion.

The Dow Jones and S&P 500 climbed on the stock market today. Meta reached a record high and a cybersecurity name broke out.

Nvidia Corp, the poster child of the AI frenzy, sank 17 per cent on Monday and reported the biggest market-cap loss for a single stock in market history.

Live Updates Make sure to refresh this page periodically for updates. Technology Stocks Rising Today 2:09 pm While NVIDIA (Nasdaq: NVDA) is down 17% today, many stocks across technology are rallying.

US markets stabilised Tuesday following a wipeout a day earlier when DeepSeek startled markets with its capacity to compete with American tech giants. Futures for the S&P 500 and the tech-heavy Nasdaq ticked up 0.

Stock markets are slowly beginning to bounce back from Monday's AI stock-driven selloff, as investors recover from their shock over the "Sputnik moment," the discovery that China has an AI startup that can build large language models much,

Nvidia Corp, the poster child of the AI frenzy, sank 17 per cent on Monday and reported the biggest market-cap loss for a single stock in market history.