Palantir CEO Alex Karp sells more than $50 million in stock

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Palantir CEO Alex Karp has sold more than $50 million worth of shares in the artificial intelligence software company, according to securities filings. Palantir shares have notched fresh highs in recent weeks as the company lept above Salesforce in market value and into the top ten most valuable U.S. tech firms. The stock has outperformed its tech peers since the start of 2025, surging nearly 62%, but investors are paying a high multiple on shares. In its earnings report earlier this month, the company lifted its full-year guidance due to AI adoption, but shares fell on international growth concerns. WATCH: Palantir CEO: Were bringing revenue growth at much lower costs to regional banks

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