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Showing posts from March, 2021

Palantir- Who has invested?

  Cathie Wood’s Ark Investment Management had purchased 1.5 million in additional stock of Palantir during the mid-February dip. Cathie Wood said at the time, “If you’re short-term in your focus, you probably don’t want to invest too much time in Palantir, and that is music to our ears.”

Palantir- 2019 to 2020

  Recently, Palantir has been getting a lot of eyes on it. This has been for both good and bad reasons. As a company that mainly handled government clients for more than a decade, they have aided quite a few controversial bodies, such as ICE- U.S. Immigration and Customs Enforcement, the CIA- Central Intelligence Agency, and the NSA- National Security Agency. However, tech giants like Amazon and IBM have recognized Palantir’s abilities and have partnered with them to improve and expand on their AWS and Watson services respectively. Now before talking about Palantir’s recent financial performance, it’s important to talk about it’s past, so that we can better map out its future. Palantir was founded in 2003 by Peter Thiel, Nathan Gettings, Alex Karp, Joe Lonsdale & Stephen Cohen. The company’s main function is to make software that integrates large volumes of data into a central platform so that it can be analyzed. For a majority of its life, Palantir served the United States Intelli