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12hon MSN
Prediction: This Artificial Intelligence (AI) Stock Will Crush Both Palantir and BigBear.ai in 2026
Palantir stock has shot up by a remarkable 126% year to date as of this writing, while BigBear.ai has delivered gains of 25% despite bouts of volatility. However, both generative AI software companies are facing a few headwinds.
The S&P 500, a broad measure of stocks, gained 1.5% as trading opened. The tech-heavy Nasdaq jumped 2%, but later backed down slightly from its high. The Dow Jones Industrial Average rallied 600 points, around 0.8%.
Stocks rallied in early trading on Thursday, just hours after blockbuster earnings from chip giant Nvidia and a stronger-than-expected jobs report. The Dow Jones Industrial Average jumped nearly 600 points, or 1.2%, while the S & P 500 climbed 1.8%. The tech-heavy Nasdaq soared 2.5%.
Among stocks that were in the S&P 500 index for the entire year, Nvidia was the best performer in 2023 and in 2024. But here in 2025, a new artificial intelligence (AI) company is sprinting toward first place: Western Digital (NASDAQ: WDC).
An early stock-market rally on Thursday has given way to broad-based selling as doubts about the artificial-intelligence trade re-emerged following the latest batch of earnings from Nvidia.