Palantir-Led Tech Stock Sell-Off Puts AI ETFs On The Defensive
1. PLTR faced a 9% drop amid a $500 billion market sell-off. 2. Valuation fatigue follows a 170% rally in less than a year. 3. Key AI ETFs also suffered significant declines, affecting broader market sentiment. 4. Frothy valuations signal potential for meager returns over the next decade. 5. The AI trade is struggling but not completely dead.