Summarize this content to 2000 words in 6 paragraphs in Arabic Unlock the Editor\u2019s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Palantir shares surged to a record high as Peter Thiel\u2019s data analytics company reported forecast-beating results, raised its 2025 outlook and projected a windfall from President Donald Trump\u2019s overhaul of the federal government.Chief executive Alex Karp told analysts on Monday that work by billionaire Elon Musk and the cost-cutting Department of Government Efficiency he leads would be \u201cgood for Americans\u201d and \u201cvery good for Palantir\u201d, which generates about two-thirds of its US-based revenue from government contracts.\u201cDisruption at the end of the day exposes things that aren\u2019t working. There\u2019ll be ups and downs,\u201d Karp continued. \u201cThis is a revolution. Some people will get their heads cut off\u2009.\u2009.\u2009.\u2009We\u2019re expecting to see really unexpected things and to win.\u201dKarp\u2019s comments come as Musk shows signs of wielding significant power within the administration, including reports Doge has gained access to review the US Treasury\u2019s vast payments system.Palantir shares closed at a record high of $83.74 on Monday ahead of the release of the results. They surged a further 22.8 per cent in after-hours trading after the Denver-based company said it expected to generate revenue of between $3.74bn-$3.76bn in 2025, above analysts\u2019 forecasts of $3.54bn.The stock, which joined the S&P 500 in September, rose 340 per cent in 2024 and was the top performer in Wall Street\u2019s benchmark index.Palantir is set to benefit from Trump\u2019s second term in office, with the president signalling he will increase spending on national security, space and immigration. Since the Republican president\u2019s election victory in November, Palantir\u2019s market capitalisation has risen by more than $70bn to $190bn at Monday\u2019s close.Launched in 2003 by technology entrepreneurs including Thiel, its chair, and Karp, Palantir supplies software to governments and companies for collating, analysing and producing intelligence from large data sets. Thiel is a significant donor to Republican causes.Palantir\u2019s revenue leapt 36 per cent from a year earlier to a forecast-beating $828mn in the fourth quarter, helped by a 45 per cent jump in US government revenue. Net income fell to $79mn, weighed down by $132mn in stock-based compensation expenses.The company has taken advantage of a growing interest in Silicon Valley to work in defence and entered into a partnership with weapons maker Anduril Industries last year in a move it said would disrupt the country\u2019s oligopoly of \u201cprime\u201d contractors.Palantir also signed a deal with Amazon Web Services and artificial intelligence start-up Anthropic in November to provide US intelligence and defence agencies access to its Claude chatbot. The partnership came ahead of the release last month of China\u2019s DeepSeek R1 model, which triggered a market sell-off and raised concerns about the moat around large US tech companies\u2019 large language models. The US Navy and Pentagon have blocked access on security grounds. Shyam Sankar, Palantir\u2019s chief technology officer, said DeepSeek\u2019s achievement indicated that models were becoming more commoditised but that it also signalled that the US was \u201cat war with China\u201d.\u201cWe are in an AI arms race,\u201d he said.<\/p>\n","protected":false},"excerpt":{"rendered":"
Summarize this content to 2000 words in 6 paragraphs in Arabic Unlock the Editor\u2019s Digest for freeRoula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter.Palantir shares surged to a record high as Peter Thiel\u2019s data analytics company reported forecast-beating results, raised its 2025 outlook and projected a windfall from President<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63],"tags":[],"class_list":{"0":"post-192344","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-tech"},"_links":{"self":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/192344","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/comments?post=192344"}],"version-history":[{"count":0,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/posts\/192344\/revisions"}],"wp:attachment":[{"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/media?parent=192344"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/categories?post=192344"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/globetimeline.com\/ar\/wp-json\/wp\/v2\/tags?post=192344"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}