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Trump praises Palantir as stock has worst week in over a year and Iran conflict drags on
CNBC ^ | April 10, 2026 | Samantha Subin

Posted on 04/10/2026 2:34:33 PM PDT by McGruff

KEY POINTS

President Donald Trump lauded Palantir in a post to Truth Social on Friday as the stock headed for a plunge this week.

Palantir's tools are reportedly being used in Iran, and the company is benefiting from its ties to the Trump administration and government contracts.

Short seller Michael Burry again targeted the stock this week.

...

President Donald Trump lauded Palantir in a post to Truth Social on Friday as the artificial intelligence software stock plunged 14% for its worst week in a year.

"Palantir Technologies (PLTR) has proven to have great war fighting capabilities and equipment," Trump posted on the social media platform. "Just ask our enemies!!!"

(Excerpt) Read more at cnbc.com ...


TOPICS: Business/Economy; Hamas; Hezbollah; Iran; Iraq; Israel; Lebanon; News/Current Events; Syria; War; War on Terror; Yemen
KEYWORDS: anthropic; burrytheparasite; hamas; hezbollah; iran; iraq; israel; lebanon; michaelburry; palantir; pltr; syria; truthsocial; waronterror; yemen

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1 posted on 04/10/2026 2:34:33 PM PDT by McGruff
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To: McGruff

Burry should be jailed. What he is doing along with his other Short seller buds should be criminal.


2 posted on 04/10/2026 2:38:05 PM PDT by devane617 (Discipline Is Reliable, Motivation Is Fleeting..)
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To: McGruff

CNBC -A rat propaganda op masquerading as a financial news network.


3 posted on 04/10/2026 2:38:57 PM PDT by gibsonguy
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To: gibsonguy

Don’t worry

The TDS crowd can now gripe and moan about THIS too

They must be popping 🍾🍾🍾 the champagne 🥂🥂


4 posted on 04/10/2026 2:43:13 PM PDT by SaveFerris (Luke 17:28 ... as it was in the Days of Lot; They Did Eat, They Drank, They Bought, They Sold ......)
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To: McGruff

It’s an israeli surveillance company, of course he’ll praise it.


5 posted on 04/10/2026 2:43:53 PM PDT by wastedyears (The attempted sinking of the USS Liberty was a war crime. They are not our friend and ally.)
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To: devane617

Ditto that.


6 posted on 04/10/2026 3:00:44 PM PDT by RoosterRedux (“Critical thinking is hard; that’s why most people just jump to conclusions.”—Jung (paraphrased))
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To: All

lol, he’s great at pumping and killing stocks.

strangely he didn’t mention $djt, which i’ve warned freepers years ago not to buy. now it maybe at it’s all time low, so who knows.

i made so much money off trump’s tweet however, due to zero capital gains tax if i’m trading off my IRA account. just put your money on good etf. and daytrade $spy


7 posted on 04/10/2026 3:05:45 PM PDT by VAFreedom (Wuhan Pneumonia-Made by CCP, Copyright Xi Jingping)
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To: VAFreedom

“due to zero capital gains tax if i’m trading off my IRA account.”

The IRS will get you in the end at higher than capital gains tax rates.


8 posted on 04/10/2026 3:09:32 PM PDT by TexasGator (-11..)
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To: VAFreedom
strangely he didn’t mention $djt, which i’ve warned freepers years ago not to buy.

I wish I read and heeded that advice. I used almost my entire savings to buy it at $50.

9 posted on 04/10/2026 3:17:05 PM PDT by Kleon
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To: McGruff

I’ve made 6 figures off of PLTR... we need more pro-American companies like it...


10 posted on 04/10/2026 3:53:34 PM PDT by TexasGunLover
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To: devane617
Burry is a smart guy with a confirmation bias. He looks for evidence that confirms what he believes to be true.

Scientists and anyone who seeks the truth know that they must clear their minds of bias–they must follow the evidence wherever it leads.

Burry doesn't do that.

Burry sets out to prove his theory is right and, ergo, he only looks at evidence that proves this theory right and ignores evidence that might prove it wrong.

This is why serious investors ignore bears like Burry.

11 posted on 04/10/2026 3:57:01 PM PDT by RoosterRedux (“Critical thinking is hard; that’s why most people just jump to conclusions.”—Jung (paraphrased))
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To: McGruff
Actually, in this case, IIRC, Burry didn't short Palantir. He bought long out-of-the-money put options. And he delisted his hedge fund.

He doesn't understand AI and is freaking out because, as a negative person, he can't see what is coming, whatever it is.

12 posted on 04/10/2026 4:01:08 PM PDT by RoosterRedux (“Critical thinking is hard; that’s why most people just jump to conclusions.”—Jung (paraphrased))
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To: McGruff

I wonder which one of Trump’s rich cronies put him up to touting Palentir on his social media.


13 posted on 04/10/2026 4:05:12 PM PDT by mac_truck (aide toi et dieu t'aidera)
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To: McGruff

I had no idea this was going on. Ha ha. I was wondering what was causing them to be anemic when the others were doing well. And today was my DCA day for them. Oops…I guess I m buying into that falling knife stuff.


14 posted on 04/10/2026 4:56:27 PM PDT by Vermont Lt
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To: Kleon

“I wish I read and heeded that advice. I used almost my entire savings to buy it at $50.”

I’m sorry to hear that, there were many chances to make money off of $djt or $dwac(before the merger).

1st time, right before the merger in 2023, bargain price at $17, then you need to sell after merger when it is around 80$

2nd time, right before election, when it was around $20, also a good price to buy and then sell after Trump won, at around 35-$40

I can’t predict the future. but I can see myself buying a hundred shares now at $9.50, and sell after TAE merger bump.

This is not a stock advice, i’m not responsible for whatever you gamble on.


15 posted on 04/10/2026 6:21:27 PM PDT by VAFreedom (Wuhan Pneumonia-Made by CCP, Copyright Xi Jingping)
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To: McGruff

Didn’t Trump also praise “Trump University”?

How did that turn out?


16 posted on 04/10/2026 6:29:26 PM PDT by Uncle Lonny
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To: McGruff

Despite what you might think about Palantir you don’t want these guys to grow or even maintain the power they have now as it will be used against you in the future by any administration willing to pay the tab

Had an offer to work for them years ago and turned it down on principle despite the $


17 posted on 04/10/2026 6:39:10 PM PDT by Manuel OKelley
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