Shares in Palantir fell as much as 9% in late trading on Tuesday amid a broad AI pullback and a critical short-seller report.

Follow all the latest U.S. market action for Tuesday here to see if stocks can shake of some summer torpor and reach fresh highs as Hone Depot kicks off a batch of retailer earnings this week.

In a stock market obsessed with artificial intelligence, Amazon.com Inc. is losing ground.The company’s shares have been lagging the Nasdaq 100 Index for most of the year, and the gap has only widened in the two weeks since Amazon’s July 31 earnings disappointment.

Palantir (NASDAQ: PLTR) has been one of the top artificial intelligence (AI) stocks to own in 2025. The stock is up an astounding 144% as of the time of writing, and shows no signs of slowing down. Impressive financial results are fueling its stock rise, as Palantir continues to blow expectations out of the water quarter after quarter.

The Nasdaq Composite extended its slide on Tuesday–and even the Dow Jones Industrial Average was struggling after hitting an intraday record this morning. The tech-heavy index was down 1.5%, while the Dow was down 90 points,

Wall Street braced for results from retail giants as rising concerns over inflation cloud the path to an interest rate cut.

Intel (NASDAQ: INTC) jumped 6.97% on Tuesday to close at $25.31, up $1.65. Trading volume soared to 293 million shares, nearly triple its 3-month average of 94 million. The rally followed headlines that SoftBank (OTC: SOBK.

This article will be updated throughout the day, so check back often for more daily updates. It’s a pretty slow news day on Wall Street so far, with most professional investors waiting to hear what Fed Chairman Jerome Powell will have to say later this week at the Fed’s annual economic conference in Jackson Hole,