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Palantir reports significant growth amid criticism over Gaza operations

4 August 2026
in World
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Palantir Technologies reported a 93 percent increase in second-quarter revenue, reaching $1.94 billion, with shares rising over 14 percent in after-hours trading. The company attributed this growth to strong demand from both commercial clients and government contracts, including significant ties to the US and Israeli governments. However, Palantir faces criticism for its involvement in military technology and its role in controversial operations related to immigration and military actions in Gaza.

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Tags: Business and EconomycriticismEconomyGazagovernmentgrowthisraelmilitaryNewsOperationsPalantirPalestineprivacyreportssignificanttechnologyUnited States
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