this post was submitted on 09 Aug 2025
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Fuck AI

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Palantir stock is skyrocketing, driven by huge government contracts for immigrant tracking and mass surveillance. It’s the best performing stock on the S&P this year, ahead of Nvidia, Uber, Starbucks, Coca Cola, and Bank of America.

For many institutional investors like commercial banks and hedge funds, the company’s foreboding image is not a sticking point; it’s a selling point.

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[–] FlashMobOfOne@lemmy.world 5 points 1 week ago

Palantir is the only business model silicon valley has left that it can rely on

This is an excellent point.