Palantir ( PLTR 1.67%) has been on an incredible run since the start of 2024. At its peak, Palantir's stock has risen 625% since the start of 2024, but that number took a hit when CEO Alex Karp announced a plan to sell up to $1 billion in shares.

Palantir Technologies (NASDAQ:PLTR) shares had a brutal day, sinking 10% during regular trading and tumbling another 5% after hours. Investors

Nevermind that Palantir’s stock price dropped and DOGE is slashing government contracts. Karp thinks his defense tech firm will thrive in a meritocracy.

Palantir Technologies (NASDAQ: PLTR) was the best performing member of the S&P 500 (SNPINDEX: ^GSPC) last year. The stock advanced 340% in 2024 as the company delivered a series of strong financial results driven by demand for its artificial intelligence platform.

Alex Karp said if he were fired from Palantir, he'd move to his "hermit-like location" and focus on his hobbies.

Alex Karp is CEO of Palantir Technologies, whose data analysis has helped fight terrorism. Here’s how he went from broke academic to billionaire CEO.

It's like, there's this one issue where I might, and then you get boxed into, you cannot solve the problem. And then I would say, what is the biggest problem in this society? Biggest problem in this society from my perspective is legitimacy of our institutions.