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Some People Think This AI Stock Is Evil -- But It Has Been Wildly Successful Financially
Yahoo Finance· 2026-02-18 17:27
Group 1 - Palantir Technologies is at the center of a debate regarding the use of technology by government entities and private-sector contractors to advance national security interests [2] - The company has shown impressive revenue growth, particularly in 2018 and 2019, despite significant losses as it focused on expanding its role in the defense-tech industry [4] - Following its IPO in 2020, Palantir's stock experienced volatility, initially rising to $45 per share before declining to as low as $6 during the bear market of 2022 [5] Group 2 - Palantir's financial performance is crucial for assessing its potential as an investment, despite the surrounding political and ethical debates [3] - The company raised $500 million in new common stock in 2021 to repay debt and cover operating expenses, contributing to downward pressure on its stock price [5]
Palantir Moves to Miami as Execs Eye Tax Breaks
Yahoo Finance· 2026-02-17 18:04
Palantir Moves to Miami as Execs Eye Tax Breaks - Moby BREAKING NEWS Palantir on Monday said it’s officially moving from the Rocky Mountains of Colorado to the warm beaches of Miami, Florida. “We have moved our headquarters to Miami, Florida,” the defense-tech company plainly stated on X. CEO Alex Karp, who recently bought the St. Benedict’s Monastery in Snowmass, Colorado, for $120 million and has a farm in New Hampshire, alluded to the move on the company’s February 2 earnings call, telling sharehold ...