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Palantir stock slumps 9%, falling for a fifth-straight day from record
CNBC· 2025-08-19 19:20
CEO of Palantir Technologies Alex Karp attends the Pennsylvania Energy and Innovation Summit on the campus of Carnegie Mellon University in Pittsburgh, Pennsylvania on July 15, 2025.Palantir's stock slumped more than 9% on Tuesday, falling for a fifth-straight day to continue its pullback from all-time highs.The artificial intelligence software provider's stock has slid more than 15% over the last five trading sessions, after a stellar earnings report earlier this month propelled shares to all-time highs. T ...
Palantir tops $1 billion in revenue for the first time, boosts guidance
CNBC· 2025-08-04 20:07
Alex Karp, CEO of Palantir Technologies, speaks on a panel titled Power, Purpose, and the New American Century at the Hill and Valley Forum at the U.S. Capitol on April 30, 2025 in Washington, DC.Palantir topped Wall Street's estimates Monday, surpassing $1 billion in quarterly revenue for the first time, and hiking its full-year guidance.Shares rallied more than 5%.Here's how the company did versus LSEG estimates:Earnings per share: 16 cents adj. vs. 14 cents expectedRevenue: $1.00 billion vs. $940 million ...
Palantir CEO Alex Karp sells more than $50 million in stock
CNBC· 2025-05-23 13:25
Palantir co-founder and CEO Alex Karp speaks during the Hill & Valley Forum at the US Capitol Visitor Center Auditorium in Washington, DC, on April 30, 2025.Palantir CEO Alex Karp has sold more than $50 million worth of shares in the artificial intelligence software company, according to securities filings.The stock transactions, which occurred on Tuesday and Wednesday between $125.26 and $127.70 per share. Following the stock sales, Karp owned about 6.43 million shares of Palantir stock, worth about $787 m ...