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Palantir

Palantir CEO Alex Karp says this deadly tidal wave of macroeconomic risks will wipe out some companies Palantir

Palantir CEO Alex Karp says this deadly tidal wave of macroeconomic risks will wipe out some companies

Palantir co-founder and CEO Alex Karp believes this period of "deadly" macroeconomic uncertainties will crush many companies with shaky fundamentals. "Bad times are incredibly good for Palantir ... bad times really uncover the durable companies, and tech is going through bad times ... interest rates are the reason," Karp said Thursday on…
bubmag
September 23, 2022
Peter Thiel’s Palantir Teams Up With Better To Create ‘Bloomberg’ for Home Loans Palantir

Peter Thiel’s Palantir Teams Up With Better To Create ‘Bloomberg’ for Home Loans

(Photo credit: YouTube and Getty) The mortgage lending company that faced criticism late last year for summarily laying off 900 people over Zoom is “teaming up” with Palantir Technologies, the big-data software company co-founded by Peter Thiel, the companies announced Wednesday.  The partnership will allow the mortgage company, Better, to quickly…
bubmag
August 17, 2022
Palantir Stock Collapses After Disappointing Earnings—CEO Warns Threat Of Nuclear War ‘Significantly’ Underestimated Palantir

Palantir Stock Collapses After Disappointing Earnings—CEO Warns Threat Of Nuclear War ‘Significantly’ Underestimated

Topline Shares of big-data analytics firm Palantir Technologies, which specializes in military software, plummeted to a record low Monday morning following a disappointing earnings report and a cautionary note from CEO Alexander Karp, who urged governments to weigh the consequences of further escalation between Russia and Ukraine despite acknowledging that…
bubmag
May 9, 2022
The Wall Street Journal: Disruptive Technology Solutions accuses Morgan Stanley of front-running block trade in Palantir stock Palantir

The Wall Street Journal: Disruptive Technology Solutions accuses Morgan Stanley of front-running block trade in Palantir stock

An investor accused Morgan Stanley of leaking information about a large sale of shares of Palantir Technologies Inc., saddling it with millions of dollars in losses. Morgan Stanley MS, -2.29% is at the center of a broad federal investigation into whether Wall Street banks told favored clients about pending sales, known as block trades, that…
bubmag
April 5, 2022