Target names a new CEO and posts quarterly earnings that beat analysts’ forecasts, while Palantir extends losses into a sixth-straight session.

This AI infrastructure play has delivered bigger gains than its larger peers since going public earlier this year.

Nvidia, Palantir and other superstar AI stocks are under pressure again and dragging Wall Street lower. NEW YORK (AP) — Nvidia, Palantir and other superstar stocks that surged in the mania surrounding artificial-intelligence technology are dragging Wall Street lower again on Wednesday.

Nvidia stock has suffered its biggest drop in months amid a broader selloff in highly valued technology companies.

Now the largest stock in the world by market cap, Nvidia has gone on several epic runs. Stock splits can be used to make stocks feel more attainable. Nvidia's stock seems to have no limit.

The sudden reversal shows how the hottest AI trade and top-performing stock of the year is colliding with a broader market rotation out of Big Tech.

Nvidia's stock was falling 3.2% in recent trading, enough to push it below its 20-day moving average ($178.49) -- a short-term trend tracker -- for the first time since April 23. That snaps an 80-session streak above the 20-DMA,

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