Meta Platforms and most other U.S. stocks are rising Thursday following a rush of profit reports from some of the country’s most influential companies, but drops for Nvidia and Microsoft are keeping the market in check.

Palantir (NASDAQ: PLTR) is one of the hottest artificial intelligence (AI) stocks out there. Compared to today's stock price of around $75, that represents a 40% downside. It's not often that a stock is priced this much over analysts' targets.

U.S. equity indexes dipped and Treasury yields pushed higher on Wednesday after the Federal Reserve held interest rates steady and gave little insight into when further reductions in borrowing costs may take place.