$Palantir Technologies Inc.(PL

$Palantir Technologies Inc.(PLTR)$ Palantir's stock price has taken a hit, declining 5% in after-hours trading on February 20, 2025, due to concerns over CEO Alex Karp's plan to sell up to $1.23 billion worth of the company's stock ¹. This news, combined with reports of potential defense budget cuts, has raised concerns among investors about the company's future prospects.

The Pentagon's budget cut, which could reduce defense spending by 8% annually over the next five years, may significantly impact Palantir's revenue, as the company generates a substantial portion of its revenue from government contracts

Additionally, Karp's new stock trading plan, which allows him to sell 10 million shares over the next eight months, has also contributed to the decline in investor confidence . Despite this, some analysts believe the decline presents a buying opportunity, citing Palantir's growth in the commercial AI business

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