Palantir Technologies
American software and services company, specializing in data analysis
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01.07.2024Labour Party wins the general election
01.07.2024Labour Party wins the general election
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politics 2025-06-27 01:08
Stephen Miller profits from Palantir's involvement in deportations - Stephen Miller, a key architect of Trump’s immigration policy, owns significant stock in Palantir Technologies.
- Palantir has been awarded substantial contracts for its role in immigration enforcement, including a notable $30 million ICE contract.
- Miller’s investment raises ethical concerns, highlighting conflicts of interest between government officials and private contractors.
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politics 2025-06-21 09:01
Palantir rejects mass surveillance claims after being compared to Nazi collaborators - Palantir Technologies Inc. rejected allegations of mass surveillance attributed to the Trump administration's data practices.
- The company emphasized its commitment to integrity and transparency in data management after congressional scrutiny.
- Palantir's stock has soared by 452% over the past year, reflecting strong performance amid ongoing controversy.
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politics 2025-06-05 18:29
Trump builds a massive surveillance state using taxpayer dollars - Since Donald Trump's second term, significant resources are being allocated to develop a central database of personal data on millions of Americans.
- Palantir Technologies has been awarded over $113 million in federal contracts to assist in the expansion of the surveillance apparatus.
- The current trend under the Trump administration raises concerns about a future that prioritizes governmental surveillance over individual privacy.
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technology 2025-06-05 05:01
Oxford Dynamics drives AI innovation in defense strategy - Oxford Dynamics is a tech start-up recognized for its AI technology.
- The company contributes significantly to addressing document overload in defense strategies.
- This advancement highlights the crucial role of innovation in ensuring national security.
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business 2025-06-03 00:00
Palantir Technologies sees massive growth in government contracts - Palantir Technologies has secured over $113 million in federal expenditures since the Trump administration.
- The company's revenue increased by 33.5% in the last year, significantly outpacing the S&P 500.
- Despite strong financials, Palantir's high stock valuation raises concerns for potential investors.
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technology 2025-05-20 00:00
JPMorgan reveals exclusive summer reading list for the wealthy - JPMorgan's summer reading list includes 16 curated book titles on various themes.
- The list was compiled from over 1,000 suggestions from client advisors to guide affluent individuals.
- The initiative highlights the bank's commitment to fostering curiosity and preparing the next generation of wealth holders.
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business 2025-05-12 00:00
Christy Anderson wins derby with remarkable Palantir gain - Christy Anderson achieved a 446% gain in Palantir Technologies during the contest.
- The contest featured a total of 34 participants with notable gains from other contestants.
- Anderson's win reflects her belief in the upcoming volatility in the stock market.
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business 2025-05-09 00:00
Investor highlights Palantir as a buy despite high valuation business 2025-05-09 00:00
SMIC shares plunge nearly 7% after disappointing earnings report - SMIC reported a revenue of $2.24 billion for the first quarter, up 28% year-on-year but below expectations.
- While profits climbed significantly, they still did not meet market forecasts, contributing to a 7% drop in share price.
- The company remains a vital component of China's semiconductor supply chain, despite facing various challenges.
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business 2025-05-06 00:00
Palantir shares drop despite soaring revenues and optimistic guidance - Palantir reported adjusted earnings of 13 cents per share on $884 million in revenues for Q1.
- Despite strong revenue growth, the company's stock fell over 10% due to valuation concerns.
- Analysts remain skeptical about Palantir's future growth, citing high valuations and declining international revenues.
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business 2025-05-05 00:00
Alex Karp quotes Nixon and St. Augustine in passionate shareholder letter - Palantir CEO Alex Karp released a shareholder letter on May 5, 2025, discussing the company’s strong financial performance.
- He quoted historical figures including President Nixon and St. Augustine while highlighting the importance of military software.
- Karp's letter reflects his commitment to ethics and values in technology, distinguishing Palantir in the competitive landscape.
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business 2025-05-05 00:00
Palantir revises revenue expectations up amid AI software surge - Palantir reported a 39% growth in revenue year-over-year, reaching $884 million in the first quarter of 2025.
- The company has raised its full-year revenue forecast to between $3.89 billion and $3.90 billion, a significant increase from previous estimates.
- This surge in revenue is attributed to a broader adoption of its AI software across commercial and government sectors.
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technology 2025-04-29 00:00
Europol takes action against the rise of violence-as-a-service targeting youth - Europol has raised alarms about organized criminal groups recruiting young individuals for violent acts through violence-as-a-service.
- These vulnerable youths may be coerced or groomed, and alarming online offers tout large sums for violent services.
- In response, Europol has initiated a taskforce and provided parents with guidance to protect their children from such recruitment.
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business 2025-04-28 00:00
Palantir defies market trends with impressive stock gains amidst recession fears - Palantir's stock increased by 45% in 2025, despite a general downturn in tech stocks.
- The company's strong performance is driven by significant growth in government contracts.
- Palantir has positioned itself as a key player with alignment to current governmental goals.
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business 2025-04-25 20:15
Palantir's stock skyrockets despite market turmoil - The S&P 500 index dropped by 6% in April 2025 amid investor concerns fueled by trade wars and declining tech stock performance.
- Palantir has increased its stock price by nearly 700% in three years, raising questions about sustainability amidst high PE ratios.
- Current market conditions suggest Palantir's outstanding growth may not reflect solid fundamentals, which could lead to future corrections.
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business 2025-04-01 00:00
Palantir accuses Guardian AI founders of stealing trade secrets - Palantir Technologies has filed a lawsuit against Guardian AI and its founders for alleged trade secret theft.
- The lawsuit claims the founders misappropriated proprietary information while still employed at Palantir.
- The legal battle highlights ongoing tensions in the tech industry regarding intellectual property rights.
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business 2025-03-25 00:00
Palantir Technologies stock shines amid high valuation concerns - Palantir Technologies has shown strong revenue growth, with a 28.8% increase in the last 12 months.
- Despite having a solid operating cash flow and strong financial metrics, the company's stock is seen as overpriced compared to the market.
- Investors face challenges due to Palantir's high valuation and volatility, leading to cautious considerations regarding stock purchases.
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technology 2025-03-24 00:00
Jim Siders transforms Palantir's internal operations as CIO - Jim Siders implemented a strategy of using the Foundry platform extensively within Palantir's operations.
- The company emphasized empowering domain-specific teams to manage their own data pipelines instead of relying on centralized teams.
- These changes have led to improved accuracy, faster decision-making, and a stronger integration of IT within business operations.
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business 2025-03-14 17:30
Alex Karp's Palantir defies Wall Street to become top S&P stock - Palantir, co-founded by Alex Karp and Peter Thiel, has become the best-performing stock in the S&P 500 last year.
- Karp emphasizes the UK's advantage as the dominant English-speaking nation in technology, advocating for alignment with the American path in AI.
- Palantir is working with significant clients like the NHS, despite concerns over data security, underscoring the vital role of AI in public services.
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technology 2025-02-06 22:06
DeepSeek's coding allows direct data transfer to the Chinese government - Security researchers have found that the DeepSeek chatbot's code allows for potential transfer of user data to China Mobile.
- DeepSeek gained significant popularity in the US, raising concerns about data security and privacy.
- The implications of DeepSeek highlight the ongoing challenges presented by technologies developed by geopolitical adversaries.
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business 2025-01-13 00:00
Palantir shocks Wall Street with a 340.5% return in 2024 - Palantir emerged as the leading large-company stock in the S&P 500 for 2024, with a return of 340.5%.
- Other top performers include utilities firm Vistra, United Airlines, and Axon Enterprise, reflecting strong investor confidence.
- The robust performance in 2024 raises questions about investment strategies for the future and the sustainability of these winners.
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business 2024-12-31 00:00
Stocks surge as Boeing and Palantir lead premarket gains - MicroStrategy and other crypto-related stocks gained in the trading session on December 31, 2024.
- VeriSign's stock rose after Berkshire Hathaway disclosed its increased share purchase.
- The mixed performance of stocks includes gains for Tesla and V2X, alongside a decline for Boeing.
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technology 2024-12-23 00:27
Palantir co-founder warns of a future where AI drones redefine warfare forever - Joe Lonsdale criticized U.S. military spending and interventions, particularly in Afghanistan.
- He proposed a shift towards tech-driven military solutions, including AI-powered drones and autonomous vessels.
- Lonsdale believes these innovations can safeguard American interests while minimizing troop casualties.
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technology 2024-12-16 00:00
Cohere's partnership with Palantir shakes up the AI landscape - Cohere has established a partnership with Palantir to deploy its AI models for certain customers.
- The details of this collaboration were revealed during a presentation at Palantir's DevCon1 conference in November 2024.
- This partnership could enhance AI integration in enterprise solutions, indicating a significant step for both companies.
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business 2024-12-11 12:15
Booz Allen and Palantir join forces to reshape U.S. national defense - Palantir Technologies has secured a significant contract expansion with USSOCOM to enhance software capabilities.
- The contract is valued at $36.8 million and positions Palantir as the lead integrator for advanced AI in military operations.
- This move signifies a pivotal shift towards technology-driven solutions in the U.S. defense strategy.
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technology 2024-12-03 09:45
Palantir secures FedRAMP High Authorization for enhanced cloud services - Palantir Technologies received FedRAMP High Authorization for its Federal Cloud Service and supporting services, allowing expanded capabilities for the U.S. Government.
- This authorization enables the processing of highly sensitive unclassified workloads, enhancing previous security clearances.
- With this milestone, Palantir aims to strengthen partnerships with technology companies to securely support U.S. Government missions.
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business 2024-11-27 20:42
Ark Invest buys shares in Amazon amid AI investment surge - Ark Invest acquired 82,735 shares in Amazon.com Inc.
- The investment aligns with Amazon's $8 billion AI initiative with Anthropic.
- These trades reflect Ark Invest's strategy to capitalize on tech sector developments.
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business 2024-11-26 11:07
Dan Ives backs $75 target for Palantir amid AI growth - Dan Ives has reiterated a $75 price target on Palantir Technologies, citing strong growth potential in AI.
- Palantir's stock has appreciated significantly, rising nearly 290% year-to-date, reflecting growing confidence in its business model.
- Despite some analysts' skepticism, Ives emphasizes that Palantir's advancements in AI and software position it for future leadership in the market.
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politics 2024-11-26 00:01
Labour peer Watson joins Palantir amid NHS data privacy concerns - Lord Watson of Wyre Forest joins Palantir as a paid adviser amid privacy concerns.
- Palantir's contract with the NHS has faced criticism from medical groups and politicians.
- The involvement of Watson raises ethical questions regarding political and corporate partnerships in healthcare.
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business 2024-10-23 14:10
Jim Cramer advises on Palantir amid soaring stock concerns - Jim Cramer endorses holding onto Palantir Technologies as it displays strong bullish momentum, recently priced at $42.70.
- Technical indicators like the Relative Strength Index (RSI) are nearing overbought levels, suggesting potential caution for investors.
- As the third-quarter earnings report approaches on November 4, the excitement around AI technology may impact stock performance, urging investors to be mindful of possible volatility.
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business 2024-09-27 16:24
Palantir joins S&P 500: A milestone achieved on September 23, 2024 - Palantir Technologies Inc. became a member of the S&P 500 index on September 23, 2024.
- The company has secured two significant contracts since the announcement, contributing $40 million annually to its revenue.
- Investors are advised to consider a dollar-cost averaging strategy as they await the upcoming earnings report on November 7, 2024.
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category, sub-category 2024-09-23 00:00
Karp urges tougher consequences for harming Americans - Alex Karp, CEO of Palantir, called for tougher consequences for those who harm Americans during a CNBC interview.
- He expressed concerns about the U.S.'s potential disadvantage in conflicts against adversaries with equal technological capabilities.
- Karp emphasized the need for a proactive foreign policy that prioritizes action over dialogue to ensure national security.
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2023 All rights reserved
2023 All rights reserved