Palantir Rises on Report of More Contracts for Data on Americans

Palantir shares climb as much as 7.5% on Friday, putting the stock on track for a record close, after the New York Times reported that the Trump administration has expanded the data-analysis software company’s work across the federal government in recent months.

• NOTE: In March, Trump ordered federal agencies to share data across the government, part of his crusade to eliminate the waste and fraud that he says can be uncovered in many programs and departments
• Palantir has received more than $113 million in federal government spending since President Donald Trump took office, the New York Times reported, citing public ...