Palantir Q4 outlook beats Wall Street estimates despite US government shutdown worries

Palantir Q4 outlook beats Wall Street estimates despite US government shutdown worries

Palantir’s (PLTR) fourth quarter outlook came in above Wall Street’s expectations Monday despite some analyst concerns over impact from the ongoing US government shutdown. Palantir said it foresees revenue of just over $1.3 billion for the fourth quarter, ahead of the $1.2 billion projected by Wall Street analysts tracked by Bloomberg. The defense tech firm…

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US Army sends memo to two of the biggest Silicon Valley companies; memo says: Should be treated as ‘very high risk’

US Army sends memo to two of the biggest Silicon Valley companies; memo says: Should be treated as ‘very high risk’

Palantir and Anduril’s upcoming services may be a concern for the US Army. A recent memo sent by the US Army (seen by the news agency Reuters) has warned about “fundamental security” problems in the new battlefield communications network being developed by Silicon Valley companies, including Palantir and Anduril. The internal Army memo stated the…

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Marjorie Taylor Greene's Palantir Bet Has Skyrocketed 142% Since She Bought It

Marjorie Taylor Greene’s Palantir Bet Has Skyrocketed 142% Since She Bought It

Rep. Marjorie Taylor Greene (R-Ga.)’s investment in Palantir has seen an impressive surge of 142% since April. What Happened: Greene, who is a member of the House Homeland Security Committee, acquired shares in Palantir (NASDAQ:PLTR) just days before Immigration and Customs Enforcement (ICE) granted the company a $30 million contract. Greene has clarified that her portfolio is managed by her financial adviser and…

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