{"id":3911,"date":"2024-12-24T07:50:00","date_gmt":"2024-12-23T23:50:00","guid":{"rendered":"http:\/\/www.tocoin.com\/?p=3911"},"modified":"2024-12-24T20:48:34","modified_gmt":"2024-12-24T12:48:34","slug":"palantir-technologies-an-ai-powered-defense-contractor-sees-369-ytd-return-and-controversy-over-ice-involvement","status":"publish","type":"post","link":"http:\/\/tocoin.com\/index.php\/2024\/12\/24\/07\/50\/00\/3911\/","title":{"rendered":"Palantir Technologies, an AI-powered defense contractor, sees 369% YTD return and controversy over ICE involvement."},"content":{"rendered":"\n<p>Palantir Technologies, a defense contractor that uses AI-powered analytics to provide solutions to large amounts of data, has seen a 369% year-to-date return, making it the top-performing stock on the S&amp;P 500 this year. Despite its high market value of over $150 billion, Palantir&#8217;s quarterly revenue is less than $1 billion, making it the most expensive stock on the S&amp;P by its price-to-sales ratio. Palantir&#8217;s involvement with Immigration and Customs Enforcement has sparked controversy and criticism from human rights groups. Palantir&#8217;s CEO, Alex Karp, is worth about $15 billion, while his co-founders Stephen Cohen and Joe Lonsdale also joined the billionaire ranks last month.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Palantir Technologies, a defense contractor that uses A [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[],"_links":{"self":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts\/3911"}],"collection":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/comments?post=3911"}],"version-history":[{"count":1,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts\/3911\/revisions"}],"predecessor-version":[{"id":3937,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/posts\/3911\/revisions\/3937"}],"wp:attachment":[{"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/media?parent=3911"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/categories?post=3911"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/tocoin.com\/index.php\/wp-json\/wp\/v2\/tags?post=3911"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}