Alex Karp Thanks Retail Investors For Palantir's Rise: 'Stop Talking To The Haters, They're Suffering'
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Palantir Technologies CEO Alex Karp expressed gratitude to retail investors for their support, attributing it to the company's rise and success. During the Q2 earnings call, he emphasized that without this backing, the company wouldn't have achieved its current status. Karp advised investors to refrain from engaging with critics. Palantir reported a 48% year-over-year revenue increase to $1.004 billion, surpassing estimates, and shares rose 4.14% to $160.66 after the announcement. Analysts remain optimistic, with new price targets suggesting significant growth ahead.
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