The New York stock exchange fell on Tuesday, among other things weighed down by declines in companies tied to artificial intelligence. The broad S&P 500 index fell 0.8 percent, the Dow Jones industrial index fell 1.0 percent and the technology-heavy Nasdaq composite index fell 0.9 percent.
One of the biggest losers was AI software company Palantir. The stock plummeted 12.1 percent – despite the company reporting higher profits than expected in its quarterly report and also raising its revenue forecast for the full year 2025.
It went better for Mattel, the toy manufacturer behind Barbie dolls, among other things. Following a positive quarterly report, the stock rose 2.8 percent.
The index-heavy semiconductor giant Nvidia, a leader in AI chip technology, fell 0.3 percent.
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