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The world’s hottest tech stock may also be the best Trump trade

As the chaos around the new administration went into overdrive this week, one US tech stock emerged as a big potential winner.

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Alex Karp couldn’t have sounded more Trumpian if he tried.

“We have dedicated our company to the service of the West and the United States of America, and we’re super proud of the role we play, especially in places we can’t talk about,” the co-founder and chief executive of data analytics firm Palantir declared on the company’s earnings call this week, making reference to its controversial work for military clients that led to protests by human rights activists.

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James Thomson is senior Chanticleer columnist based in Melbourne. He was the Companies editor and editor of BRW Magazine. Connect with James on Twitter. Email James at j.thomson@afr.com

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    Original URL: https://www.afr.com/chanticleer/the-world-s-hottest-tech-stock-may-also-be-the-best-trump-trade-20250207-p5lab5