As Palantir drops 15%, tech bull Dan Ives calls the selloff a healthy buying opportunity and sees massive long-term upside for the AI leader.

The tech sell-off continued on Wednesday, dragging the broader market lower, even as traders looked ahead to the week’s key catalyst, namely the Jackson Hole Symposium that kicks off on Thursday. As the lean trot continues,

Palantir stock fell for the sixth straight session on Wednesday. With the retreat, Palantir stock is down 18% from its all-time high.

Shares of data analytics company Palantir Technologies (NASDAQ:PLTR) fell 6% in the morning session after a prominent short-seller reiterated its bearish stance on the company, citing significant overvaluation and heavy insider selling.

You can show market rotation in a LOT of different ways. Here we focus on the “Out of Palantir, Into Pampers” move.

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Palantir Technologies Inc. (NASDAQ: PLTR) is one the AI Stocks Analysts Are Watching Closely . On August 18, Palantir stock received a cautious mention from Citron regarding the company’s stock valuation, marking the second time the firm has raised concerns.