Key Takeaways Shares of Nvidia were down 10% Monday afternoon, falling into bear market territory. The company's latest quarterly financial results raised questions about what was next for the stock—and the AI trade—and uncertainty driven by US trade policy has further concerned investors.

After such a meteoric rise, you might think that Wall Street analysts would advise shareholders to trim their positions and lock in some gains. However, veteran analysts Dan Ives of Wedbush Securities and Mariana Perez Mora of Bank of America remain two of the strongest Palantir bulls on Wall Street.

With the world making significant strides in artificial intelligence, some countries are concerned about the key figures leading these efforts.