Palantir

Billionaire Peter Thiel was trapped inside Cambridge University debate hall by anti-Israel protesters

Thiel, the 56-year-old co-founder and chairman of Palantir, was a keynote speaker at an event held at Cambridge Union in the UK.

Palantir CEO says Columbia protesters should do 'exchange program' in North Korea

Palantir CEO Alex Karp eviscerated anti-Israel protesters who have caused chaos on college campuses, saying they should be shipped off to North Korea as part of an "exchange program" to...

Palantir CEO says short sellers 'love pulling down companies' to pay for their cocaine habit

Since Jan. 1, Palantir's share price has soared by more than 50%. It was trading at $25 a share before the opening bell on Wall Street.

Peter Thiel's Palantir cuts around 2% of its workforce

Earlier this month, Palantir had also said it expects 2023 to be the company's first profitable year as it benefits from cost cuts and the artificial intelligence boom.

Peter Thiel's Palantir has struggled to win contracts since Trump left White House

On Monday, Palantir shares tumbled 11.8% to $6.99 in afternoon trading after the company posted a loss of 6 cents a share, with adjusted earnings missed Wall Street's expectations.

Sun Valley moguls compete for 'best dressed' with odd outfits

Well-heeled attendees at Allen & Co.’s annual Sun Valley Conference in Idaho mostly ditched their suits and ties for an array of outfits ranging from the colorful to the bizarre.

Peter Thiel-backed Palantir stock drops 12% after missing profit estimates

Palantir missed quarterly profit estimates and forecast weaker margins Thursday, as the data analytics software company boosts spending to rebuild its platform and bolster a growing commercial business.

Palantir stock jumps as secretive tech firm wins big US Army contract

Palantir stock surged as high as 8.7 percent on Wednesday after the company revealed it had scored a lucrative contract with the US Army. The secretive Silicon Valley firm, which...

FBI Palantir glitch allowed unauthorized access to search warrant data

A computer glitch in a software program, Palantir, used by the FBI allowed some unauthorized employees to access private data for more than a year.

Palantir’s billionaire CEO gives hermit $180K to rebuild cabin

Palantir, CEO Alex Karp donated $180K to a former hermit in New Hampshire so he can rebuild his cabin, which burned down amid a property dispute earlier this month --...

Palantir buys $50M worth of gold bars to counter ‘black swan event’

Data analytics firm Palantir, best known for its work with the CIA, has bought $50 million worth of gold bars in preparation for a “black swan event.”

You can have dinner with Peter Thiel if you donate $5,800 to his employee's US Senate campaign

Want to have an intimate dinner with Silicon Valley billionaire Peter Thiel? Just donate $5,800 to one of his employees' campaigns for US Senate.  Donors who give the maximum legal...

Palantir CEO raked in $1.1B in 2020, among highest executive pay in history

Palantir paid CEO Alex Karp $798 million in options, $296 million in restricted stock and $1.1 million in salary, the company’s proxy statement said.

Snowflake becomes latest tech company to leave Silicon Valley

Its step away from Silicon Valley builds on a trend of major tech companies moving away from the industry’s main hub in the US. 

Facebook director Peter Thiel invests in conservative rival Rumble

Prominent conservative venture capitalists including Peter Thiel and J.D. Vance are investing in free speech-oriented video streaming site Rumble Video, the company said Wednesday. The deal, first reported by the...

Ex-Google CEO Eric Schmidt backs new European venture fund

Former Google boss Eric Schmidt has just plowed cash into a British-based venture capital fund. The 65-year-old tech billionaire, who is finalizing a plan to become a citizen of the...

George Soros claims he regrets investing in Palantir as stock surges

George Soros claims he has buyer's remorse about his investment in Palantir — even though he's kept his lucrative stake through some of the secretive Silicon Valley firm's biggest controversies....

Peter Thiel's secretive Palantir surges 38% in debut, valuation at nearly $22B

Shares of Palantir Technologies Inc PLTR.N, the U.S. data analytics firm known for its work with the Central Intelligence Agency and other government bodies, jumped 38% in their market debut...

Peter Thiel's Palantir reveals $580 million losses in bid to go public

The secretive data-mining titan co-founded by tech tycoon Peter Thiel pulled back the curtain on its finances in a Tuesday filing for a direct listing that showed net losses of...

Peter Thiel's secretive Silicon Valley firm Palantir files to go public

Palantir — the secretive Silicon Valley data giant co-founded by Silicon Valley tycoon Peter Thiel — has filed paperwork to take its stock public. The Palo Alto, California-based company --...