Spain blacklisted Palantir Technologies from public and private state-controlled entities due to security concerns, aligning with broader European resistance to the US data surveillance firm. The ban …
Palantir Technologies reached a $300 billion market capitalization after reporting Q1 2026 revenue of $1.63 billion, up 85% year-over-year, driven by strong adoption of its Artificial Intelligence Pla…
ARK Invest CEO Cathie Wood sold $54.2 million in Alibaba stock on June 26, part of a two-day reduction exceeding $71 million, and used the proceeds to buy $9.7 million in Coinbase and $4.5 million in …
Palantir CEO Alex Karp has spent over $200 million on a real estate portfolio centered on seclusion, including a $120 million former monastery in Colorado and a $75 million Miami compound. The privacy…
Palantir CEO Alex Karp has built a nine-figure real estate portfolio with as many as 20 properties worldwide, including a $120 million former monastery in Snowmass, Colorado, and a $46 million mansion…
Microsoft announced a $2.5 billion investment in a new business unit, Microsoft Frontier, to help enterprise customers adopt AI tools and demonstrate return on investment. The unit will employ 6,000 f…
Michael Burry disclosed a long position in Adobe stock in March amid a 47% decline over the past year. Adobe shares rose over 3.8% after the company was added to Russell indexes and launched AI upgrad…
Palantir Technologies introduced a new intelligent engine powered by NVIDIA Nemotron open models for U.S. government agencies, emphasizing open-source AI's role in national security. The deployment en…
Palantir Technologies and Nvidia announced a Sovereign AI Operating System Reference Architecture (AIOS-RA) for US government and enterprise use, combining Nvidia's Blackwell Ultra GPU systems with Pa…
Palantir Technologies shares rose 5% on June 15, 2026, trading near $134, driven by a US-Iran peace agreement that lifted market sentiment and spurred a rotation into AI software stocks. The move occu…
Palantir Technologies shares fell 25% in June, hitting a 52-week low of $106.37, as investors question the company's ability to withstand AI disruption. The stock is down 34-36% year-to-date, with Wol…
Michael Burry, the 'Big Short' investor, maintains a bearish short position on Palantir Technologies as of late June 2026, despite social media rumors of a closure. Burry's put options, first disclose…
Hedge fund manager Michael Burry disclosed $1.1 billion in put options against AI stocks Palantir and Nvidia, betting on a significant repricing as he criticizes poor return-on-invested-capital dynami…
Palantir Technologies CEO Alex Karp purchased a 3,720-acre ranch in Snowmass, Colorado, for $120 million from St. Benedict's Monastery, which could no longer support itself due to a lack of monks. The…
The Canadian government spent $46.8 million on a secret contract with Palantir Technologies, raising concerns about transparency and data privacy.…
The Federal Aviation Administration is spending nearly $4 million on an artificial intelligence initiative with Palantir Technologies to reduce close calls on airport runways. The AI tool, Foundry, wi…
Palantir Technologies announced a partnership with Google Cloud on June 4 at AIPCon 10 in Miami, establishing bidirectional data pipelines between Palantir Foundry and Google BigQuery and connecting P…
Palantir Technologies announced a multiyear partnership with law firm Kirkland & Ellis on June 4 to develop AI-powered tools for private equity fund formation, documentation, and management. The colla…
Shares of Palantir Technologies rose approximately 8-10% to near $158 on May 29 after Dell Technologies reported fiscal first-quarter revenue of $43.84 billion and disclosed that AI-optimized server r…
Author Brett Scott argues that Palantir Technologies should be renamed Orthanc Inc., drawing a direct parallel between the data-mining firm and the dark tower of the wizard Saruman in J.R.R. Tolkien's…