The Indicator from Planet Money · Thursday, September 24, 2026
Following a Truth Social post by President Trump highlighting Palantir's 'war fighting capabilities,' the company's stock experienced a 3% increase within minutes. This endorsement came around the same time Trump was trading Palantir stock and shortly before the company secured a Department of Homeland Security contract potentially worth up to $1 billion.
“Palantir technologies has proven to have great war fighting capabilities and equipment. Just ask our enemies. Three exclamation points.”
“Palantir stock rose 3% in the minutes after that Truth Social post.”