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00:02President Trump praised Palantir in a Truth Social post on Friday as the stock fell 14%
00:07for its worst week in a year, according to CNBC. He cited the company's warfighting
00:11capabilities and equipment. The U.S. military is using Palantir's Maven smart system to identify
00:16targets in the Middle East tied to strikes on Iran that began in late February. Government
00:20clients account for more than half of its U.S. revenue. CEO Alex Karp has backed the administration's
00:25policies. Internal and external criticism has focused on surveillance tools and political
00:29alignment. Michael Burry said he continues to hold put options and believes the company's
00:33value is under $50 per share. For all things money, visit Benzinga.com.
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