All articles tagged with #government contracts
Originally Published 2 months ago — by Barchart.com
Palantir Technologies has become a highly watched AI stock due to its strong quarterly performance, record government and commercial contracts, and impressive growth metrics, leading to a 135% stock increase this year, despite high valuation concerns among analysts.
Originally Published 2 months ago — by The Motley Fool
Palantir has shifted its growth focus from government contracts to its rapidly expanding commercial AI platform, with revenue from commercial customers surging 73% in Q3 and the customer base growing from 14 to over 500, indicating a promising future driven by AI adoption in the private sector.
Originally Published 2 months ago — by TheStreet
Palantir remains a dominant player in defense AI with strong revenue growth, but its high valuation prompts investors to consider competitors like ServiceNow, C3.ai, IBM, Booz Allen Hamilton, and SAIC, which are also benefiting from government contracts and AI demand, though at different growth and valuation levels.
Originally Published 2 months ago — by SFist
Salesforce, led by CEO Marc Benioff, reportedly pitched a contract to ICE to help expand its workforce using AI, amid broader ties to government agencies, raising concerns about its support for immigration enforcement and political stances. Benioff has publicly supported Trump and made controversial comments about the National Guard in San Francisco, but later apologized, highlighting the complex relationship between corporate interests and politics.
Originally Published 3 months ago — by TechCrunch
The relationship between startups and the U.S. government is becoming more complex as startups increasingly rely on government contracts, especially in defense, AI, and tech sectors. Recent government shutdowns and increased government ownership stakes in tech and industrial companies highlight the evolving and intertwined nature of this relationship, which now impacts startup growth and innovation more than ever.
Originally Published 4 months ago — by Yahoo Finance
Palantir Technologies' stock rose over 1.8% to nearly $160 amid enthusiasm for its AI platforms and steady government contracts, with investor confidence boosted by its defense and enterprise applications, despite some bearish outlooks and competition for government deals.
Originally Published 4 months ago — by Politico
MANA Nutrition, a nonprofit providing nutritional aid, faced contract cuts and payment delays due to Trump's foreign aid budget changes, but recent congressional intervention has helped secure its funding and continue its humanitarian work in Nigeria and South Sudan.
Originally Published 4 months ago — by Gizmodo
A recent investigation reveals that SpaceX has potentially avoided paying billions in federal income taxes over two decades by exploiting tax loss carryforwards, despite its heavy reliance on government contracts and funding, raising concerns about its contribution to public coffers.
Originally Published 4 months ago — by The Daily Beast
SpaceX has reportedly used a tax law signed by President Trump to potentially pay no federal income taxes ever, leveraging indefinite loss rollovers to minimize tax payments, aided by government contracts and its satellite internet service Starlink, raising concerns about tax law abuse.
Originally Published 5 months ago — by Yahoo Finance
Palantir Technologies' stock approaches a 52-week high as President Trump's $175 billion missile defense plan, through the SHIELD initiative, could lead to significant new contracts for the company, supporting missile tracking, cybersecurity, and data integration. The company's stock has surged over 147% year-to-date, driven by strong government and commercial sector growth, including expanded partnerships and large defense deals, positioning it to benefit from increased defense spending and AI integration.
Originally Published 5 months ago — by CNN
Palantir, a secretive data analytics company with a $420 billion valuation, has become one of Wall Street's hottest stocks after reporting its first $1 billion quarter and securing a $10 billion US Army contract, despite being largely unknown outside tech and finance circles. The company's technology is used for large-scale data visualization and surveillance, raising ethical concerns about privacy and civil liberties, while its leadership remains controversial for their outspoken and mission-driven approach.
Originally Published 5 months ago — by The Washington Post
Palantir, a Silicon Valley data analytics company, has secured over $300 million in new government contracts during Trump's second term, becoming the top-performing stock of 2025, with deals at agencies like FAA, CDC, and Fannie Mae.
Originally Published 5 months ago — by WIRED
Palantir has significantly expanded its role in government under the Trump administration, becoming a primary software provider and partnering with other contractors like Accenture and Deloitte, following widespread contract terminations for these firms.
Originally Published 5 months ago — by Investor's Business Daily
Palantir Technologies is expected to beat revenue estimates in Q2 driven by strong AI demand in government and commercial sectors, with analysts optimistic about its growth prospects and stock performance reaching new highs in 2025.
Originally Published 5 months ago — by ProPublica
The Department of Defense awarded a contract to Disaster Management Group, owned by Nathan Albers with a controversial history involving undocumented workers, to build the largest migrant detention camp at Fort Bliss, amid broader efforts to expand immigration detention capacity in the US.