PLTR is not a buy yet after falling 7% in an 'absolute crushing day'; the selloff reflects fear that AI-trade weakness will spread and engulf spending in areas like PLTR. The speaker left open acting if PLTR keeps falling, but stated that condition only incompletely.

Even Palunteer got smoked today to the downside.

Now I spent a lot of time on chips but really what you have here look at this Palunteer down 7% today. That is an absolute crushing day. So, we saw the tech selling. I mean, it wasn't it was the fear came from the AI trade, but the fear is that it's it's like a virus that it's going to spread and it's going to engulf spending on all of these areas, right?

All of these areas like Palunteer and some of these others.

And I don't think for instance Palanteer for me is a buy yet, but if it continues down,