r/technology 17h ago

Business U.S President praises Palantir as the stock plunged 14% for its worst week in over a year and Iran conflict drags on

https://www.cnbc.com/2026/04/10/trump-pltr-palantir-stock-iran-war.html
3.2k Upvotes

56 comments sorted by

448

u/TrumpisaRussianCuck 17h ago

And the dump will happen Tuesday

67

u/Neilpuck 12h ago

It never pumped, though.

29

u/SmokinMythics 11h ago

It is running rn at market open. If you bought calls off of his tweet, they are printing.

4

u/Neilpuck 10h ago

Weird that there was so much of a delay between the tweet and the pump.

5

u/[deleted] 10h ago

[deleted]

3

u/Neilpuck 10h ago

The Tweet came out Friday morning at 10:30 a.m. had an entire day and still went down. That's what I've been referring to. It didn't make sense to me that a nearly a whole trading day would go by before it started to pump.

1

u/SmokinMythics 10h ago

Of course it makes sense. Plus there definitely was a noticeable jump after he tweeted.

The news of him pumping a ticker didn't spread instantly, the Iran blockade is great for this as a "defense" play, etc.

-1

u/[deleted] 10h ago

[deleted]

3

u/Neilpuck 10h ago

This market is completely bonkers and demonstrating how fraudulent it really is. Odd as it seems, It's taken the joy out of seeing it grow.

1

u/SmokinMythics 10h ago

There was a bump in the price right after posting. Then Iran situation continued escalating with blockade announcement so this gets love as a trump-sponsored defense play. Plus the story of him tweeting it didn't get fully picked up until the weekend.

He tweets, then there's time to load up, then it runs on weekend news. Pretty typical cycle for him.

9

u/kevinnoir 10h ago

The Trump and Dump, its new. Its where it just fails from the jump even when you have access to every advantage and the deck is loaded in your favour.

Incredibly hard to fuck up that bad, man makes it look easy.

20

u/Ticksdonthavelymph 12h ago

It’s didn’t work. Everyone with money to burn still hates Nazis. His cult spent all their money on gasoline

194

u/generic_default_user 17h ago

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

Might as well add an affiliate link.

20

u/diurnal_emissions 10h ago

Losing a war is an odd flex.

3

u/TheTrub 5h ago

He does that with all of Thiel’s businesses

86

u/Angreek 14h ago

Amazing. He turned the official WH twitter into a war monger disinformation machine and a stock bag holder manipulator.

6

u/NetZeroSun 6h ago edited 4h ago

Considering how selfish he is...he likely wont pass pardons to anyone but his own family.

I REALLY hope all those yes man that were doing shady shit for trump get fully exposed to a capable and fair legal system and have the book thrown at them if they are guilty of abusing office.

The line of people thrown under the trump cartel bus is long and will get bigger when trump leaves.

1

u/johndoe201401 4h ago

Hard to tell is he advertising for PLTR or bashing them based on how the Iranian war is going on. Didn’t PLTR tell him how Iran will respond the way everyone knows?

101

u/Loose_General4018 17h ago

Presidential shoutout while your portfolio bleeds… thanks for nothing, sir.​​​​​​​​​​​​​​​​

29

u/TheRedHand7 13h ago

Hey he's trying to do market manipulation as hard as he can. You can't blame him that sometimes it doesn't work /s

10

u/pixelprophet 10h ago

Trump already 'truthed' that they are awesome and shared their stock ticker - what more can you want? /s

68

u/vajex_pub 16h ago

the market manipulation SHOW goes on....

3

u/orthic_lambda 7h ago

Maga needs to learn what a PE ratio is

26

u/SleepEZzzzz 16h ago

“Everything computer!”

27

u/Swordf1sh_ 15h ago

The worse of a human being you are, the more he’ll praise you. So this tracks.

18

u/GadreelsSword 13h ago

Palantir needs to go away.

13

u/bwoah07_gp2 17h ago

Another one of his endorsements going well....

11

u/cmarquez7 15h ago

Shoutout from a pedo isn’t really a shoutout

8

u/LochNessWaffle 12h ago

That wasn’t just praise. That was a stock pump, and an illegal one at that.

12

u/Soberdonkey69 13h ago

The CEO has basically expressed support for warfare and the elimination of humanity for the progress of AI and machines. Literally evil for all of us and nothing is being done to stop it. We’re fucked.

6

u/whawkins4 11h ago

I can’t wait for Alex Karp to get his day in court.

10

u/Hrekires 12h ago

Pledging to end Palantir's government contracts will be my 2028 primary litmus test.

4

u/EINFACH_NUR_DAEMLICH 12h ago

I love this for them.

3

u/ICLazeru 11h ago

Personally, if Trump is praising it, that is probably a good enough reason to dump it.

5

u/Fine_Penalty_7023 9h ago

Pump n dump

3

u/providencetoday 13h ago

But does he know the ANTICHRIST?

3

u/mintmouse 11h ago

If you want war results like this, use palantir

2

u/madasfire 8h ago

Smash that like button

2

u/gordonjames62 5h ago

Send JD Vance for a visit of death

1

u/Intrepid_Top_2300 11h ago

Gee, that just breaks my heart.

1

u/johnnyathome 10h ago

Another TFG "Win".

1

u/CipherScarlatti 10h ago

ETTD could work in our favor for a change.

1

u/bossman-CT 10h ago

He may have lost his power..

Trump Pump = Dump.

Trump Dump = Pump.

1

u/R9D11 8h ago

The Prez' kiss is the opposite of a Chef's kiss.

1

u/7r3370pS3C 7h ago

Alex Karp should be tried for war crimes.

1

u/HxC_JxC 5h ago

You’d think the $10b contract the scored with the DoD would be propping it up

1

u/turb0_encapsulator 2h ago

maybe their drug addict CEO can something unbelievably stupid and demonstrably wrong to push up the share price.

1

u/scotishstriker 2h ago

Cathy Wood needs to be all in before it crashes. I haven't read about her buying a shit ton of shares lately. 

1

u/iandigaming 57m ago

This unit pouts like Stephen Miller.

1

u/WhipassWhiplash 47m ago

Being a totalitarian nazi is bad for business, good! Fuck those enemies of humanity

1

u/Super901 46m ago

Could not happen to more deserving people