Britain's Prime Minister Keir Starmer, center, and Palantir Technologies CEO Alex Karp, right, tour Palantir headquarters Thursday, Feb. 27, 2025, in Washington. (/Pool Photo via AP)
Secondly, the pace of insider selling has intensified as of late. In the first month of the year, Palantir insiders dumped more than $40 million worth of PLTR shares. To boot, chief executive officer (CEO) Alex Karp recently adopted a new 10b5-1 trading plan,
Karp believes Big Tech needs to refocus on military and national-security work, once at the heart of Silicon Valley’s origins.
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Alex Karp’s War for the West
Ever since Donald Trump’s reelection victory last November, Alex Karp has occupied the seemingly contradictory position of being a vocal supporter of Joe Biden and Kamala Harris taking a very public victory lap.
Palantir's Artificial Intelligence Platform (AIP) is all investors want to talk about, but the company has another product that could be huge.
Palantir CEO Alex Karp said in a recent interview that Trump is "brilliant" at rejecting ineffective paradigms and urged builders to do the same.
Palantir Technologies Inc. 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,
CEO Alex Karp made some very interesting and pro-Musk comments on CNBC ’s “Squawk Box” interview on Tuesday. Following this, PLTR stock touched a fresh 52-week high of $125 during intraday trading yesterday.
Palantir ( PLTR 1.67%) has been on an incredible run since the start of 2024. At its peak, Palantir's stock has risen 625% since the start of 2024, but that number took a hit when CEO Alex Karp announced a plan to sell up to $1 billion in shares.
Palantir Technologies (NASDAQ: PLTR) got off to a red-hot start in 2025 and quickly registered gains of more than 60% in less than two months, hitting a 52-week high on Feb. 18, but it has been retreating rapidly since then.