Alex Karp

The possibility of Pentagon budget cuts along with CEO Alex Karp's stock trading plan triggered a plunge of over 10% in Palantir Technologies Inc. (NASDAQ:PLTR)’s stock on Wednesday, with Wedbush analyst Dan Ives drawing a comparison of this event to the impact of DeepSeek on Nvidia...

Palantir Technologies Inc. (NASDAQ:PLTR) shares tumbled over 5% on Wednesday in after-hours trading following reports of potential Pentagon budget cuts and CEO Alex Karp‘s new stock trading plan rattled investors, marking a sharp reversal for one of the market’s top performers. What...

Palantir Technologies Inc. (NYSE:PLTR) CEO Alex Karp has thrown his support behind Elon Musk‘s efforts to streamline government spending while delivering sharp criticism of progressive opposition to these reforms. What Happened: Karp, in an interview on CNBC, characterized Musk as “...

Billionaire investor, Ken Griffin’s hedge fund, Citadel Advisors LLC slashed its stake in the S&P 500’s top-performing stock of 2024, but the position still grew 77% in value during the fourth quarter. Citadel also adjusted its investments in the ‘Magnificent 7’...

Palantir Technologies Inc. (NYSE:PLTR) CEO Alex Karp envisions the company’s legacy as strengthening Western technological supremacy while deterring adversaries, amid surging demand for artificial intelligence solutions that has driven the stock up over 350% in the past year. What Happened:...

Palantir Technologies, Inc. (NASDAQ:PLTR) announced on Thursday that it has added xAI's large language model Grok to its AIP platform.  The Details: Grok, developed by Elon Musk's AI start-up xAI, is now available in Palantir's AIP in addition to other LLMs including Meta's Llama, Gemini, GPT-...

Palantir Technologies Inc. (NYSE:PLTR) shares surged by 16.7% in pre-market on Tuesday as the company’s CEO, Alex Karp, emphasized a surge in demand for its artificial intelligence software, describing it as “untamed organic growth.” What Happened: The Denver-based company’s...

Palantir Technologies Inc. (NYSE:PLTR) delivered a blockbuster fourth-quarter performance, positioning itself as a critical player in the artificial intelligence revolution with a 36% year-over-year revenue increase and aggressive growth across commercial and government sectors. What Happened: The...

Palantir Technologies Inc (NASDAQ:PLTR) reported fourth-quarter financial results after the market close on Monday. Here’s a look at the key details from the quarter. Q4 Earnings: Palantir reported fourth-quarter revenue of $827.52 million, beating the consensus estimate of $775.91...

Palantir Technologies (NASDAQ:PLTR) shares dropped over 4% overnight on the Robinhood platform, ahead of its fourth-quarter earnings report on Monday. This decline came after a sharp drop in index futures, triggered by President Donald Trump‘s decision to impose tariffs on Canada, China, and...

Palantir Technologies Inc. (NASDAQ:PLTR), the AI behemoth that has been in the headlines for its artificial intelligence platform, has been the forerunner in providing data analytics tools to government customers for intelligence gathering, counterterrorism, and military purposes. The rise of China...

Palantir Technologies Inc (NASDAQ:PLTR) shares are trading higher on Tuesday. Here’s a look at what’s going on. What To Know: Palantir shares are getting a lift in early trading. It’s possible that buyers are stepping in after U.S. President Donald Trump revoked an executive order...

Morgan Stanley has initiated an ‘underweight’ rating for Palantir Technologies (NASDAQ:PLTR), with a price target set at $60. This move comes as analyst Sanjit Singh takes over lead coverage of the company. What Happened: The Wall Street firm had previously...

Palantir Technologies Inc. (NYSE:PLTR) co-founder Joe Lonsdale disclosed that the data analytics company nearly collapsed in its early years before CEO Alex Karp secured crucial contracts with federal agencies. What Happened: Speaking on the Shawn Ryan Show podcast released Wednesday, Lonsdale...

Palantir Technologies Inc. (NYSE:PLTR) CEO Alex Karp welcomed praise from billionaire investor Stanley Druckenmiller during JPMorgan’s Asset Managers CEO Forum which took place from Friday to Sunday, as the data analytics company’s stock continues its remarkable ascent. What Happened:...