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Palantir

At least six police forces have racked up contracts with Palantir worth £7.8m Palantir

At least six police forces have racked up contracts with Palantir worth £7.8m

At least six different police forces have recently used artificial intelligence (AI) investigation tools provided by Palantir Technologies, Computer Weekly and Good Law Project have found.  Agreements between Palantir and these police forces have cost £7.8m, and the firm was close to signing an additional £50m contract with the Metropolitan…
bubmag
August 13, 2026
Give Palantir up to $244m through 2028, says internal Defense Department memo Palantir

Give Palantir up to $244m through 2028, says internal Defense Department memo

public Sector Draft memo taps AI data analysis biz for help with military production efficiency EXCLUSIVE US Deputy Secretary of Defense Stephen Feinberg has drafted a memorandum directing Defense Department subordinates to purchase up to $243.9 million in services from AI-enabled data analytics biz Palantir through March 31, 2027, without…
bubmag
August 11, 2026
State Department Wants Palantir’s Advice on Free Speech and “Countering Digital Surveillance” Palantir

State Department Wants Palantir’s Advice on Free Speech and “Countering Digital Surveillance”

The Trump administration tapped a surveillance giant with a record of attacking the press to advise the State Department on free speech. Among the partners for the State Department’s new “Freedom Tech Excellence Program” is Palantir, the AI and data integration firm started by right-wing powerbroker Peter Thiel. Under the…
bubmag
August 7, 2026
Palantir (PLTR) Stock Drops as Profit-Taking Follows Record Q2 Earnings Beat Palantir

Palantir (PLTR) Stock Drops as Profit-Taking Follows Record Q2 Earnings Beat

TLDR PLTR fell Thursday on short-term profit-taking after a multi-day post-earnings rally Q2 revenue hit $1.94 billion, up 92.8% year over year, beating estimates by around $136 million Adjusted EPS of $0.41 topped the $0.34 consensus estimate Michael Burry disclosed short positions in PLTR, warning of a potential market top…
bubmag
August 6, 2026
US stocks: Dow, S&P 500 close at record highs as AI earnings impress, oil prices tumble Palantir

US stocks: Dow, S&P 500 close at record highs as AI earnings impress, oil prices tumble

The S&P 500 and Dow Jones Industrial Average hit record closing highs on Tuesday as strong results from AI-linked companies, including Palantir, and Caterpillar eased concerns about demand. Oil prices and Treasury yields also fell amid growing hopes for a deal to end the Iran war, Reuters reported. Palantir Technologies…
bubmag
August 4, 2026
Palantir CEO Alex Karp celebrates 93% revenue growth as stock soars after blockbuster earnings: ‘For the first time people believe us’ Palantir

Palantir CEO Alex Karp celebrates 93% revenue growth as stock soars after blockbuster earnings: ‘For the first time people believe us’

When it was Alex Karp‘s turn to speak on Palantir’s second-quarter earnings call Monday evening, the CEO could barely contain his excitement. Grinning as he repeatedly pounded his pen on the table—and taking jabs at unnamed Silicon Valley AI competitors who “eat vegetables” and don’t support the U.S. military—a pugnacious…
bubmag
August 4, 2026