Mass-producing Palantir: 58-year-old Peter Thiel seeks to profit from war

According to publicly available federal contract records, on April 17, 2025, U.S. Immigration and Customs Enforcement (ICE) awarded Palantir a $30 million contract modification to develop a platform codenamed 'ImmigrationOS.' Publicly released contract justification documents explicitly state that this system is intended to support the President’s executive order accelerating deportation operations. Many observers believe the platform is effectively an operating system custom-built for the anticipated 'surge-style' mass deportation campaign set to begin in 2026. For several years, Palantir has been widely criticized in public discourse as a 'data butcher.' Its data support for the Israeli military during the Gaza war—coupled with longstanding ethical controversies and nearly a decade of continuous losses—has made Palantir an unwelcome figure both in Silicon Valley and on Wall Street. Yet over the past year, everything has changed. This article is sponsored by Kite AI Kite is the first Layer 1 blockchain designed for payments to autonomous AI agents—a foundational infrastructure enabling AI agents to operate within an environment featuring verifiable identities, programmable governance, and native stablecoin settlement. Kite was founded by seasoned AI and data infrastructure experts from Databricks, Uber, and UC Berkeley, and has raised $35 million in funding from investors including PayPal, General Catalyst, Coinbase Ventures, 8VC, and several top-tier investment funds. From 'Data Butcher' to 'AI Faith Stock' In 2025, Palantir ignited Wall Street. After two decades of operating amid controversy, the company completed its transformation—from 'marginal government contractor' to 'backbone of the U.S. stock market.' Its formal inclusion in the S&P 500 index in September 2024 was merely the beginning; the company subsequently relocated its listing from the NYSE to the Nasdaq. Its share price surged 150% over the year, briefly pushing its market capitalization beyond $400 billion—rendering all traditional valuation models obsolete. This dramatic turnaround stems from a striking reversal in its financial performance. After 19 consecutive years of losses, Palantir achieved GAAP profitability for the first time at the end of 2022, then entered a phase of hyper-growth in the second half of 2024. In 2025, its quarterly revenue surpassed $1 billion for the first time—reaching $1.181 billion—with year-on-year growth accelerating from approximately 20.8% in early 2024 to 62.7% in Q3 2025. The core engine driving this growth is the explosive expansion of its commercial business. In Q3 2025, Palantir’s U.S. commercial revenue surged 121% year-on-year. This astonishing figure completely shattered the market’s conventional perception of Palantir as overly 'government-dependent.' On Reddit, retail investors hail it as the 'AI Faith Stock,' praising Palantir for building the foundational digital operating system for modern civilization.

Late at night, the leading U.S. rare-earth stock surges 50%—now it’s America’s turn to hype 'domestic substitution'

Late at night, the leading U.S. rare-earth stock surged 50%, marking the start of America’s own 'domestic substitution' hype! Last night, the U.S. rare-earth sector experienced an explosive rally—the entire sector surged, with the industry leader jumping over 50%! Specific performances were as follows: 1. MP: +50.6%; 2. NB: +26.97%; 3. UUUU: +16.46%; 4. USAR: +12.36%; 5. REEMF: +10.91%. The catalyst behind this sharp rise in U.S. rare-earth stocks is MP’s impending agreement with the U.S. Department of Defense: MP will build a new rare-earth permanent magnet factory to accelerate the development of America’s rare-earth permanent magnet supply chain. Moreover, the agreement carries a substantial value—$1 billion—to expand production capacity. As part of the deal, the Department of Defense will also purchase preferred shares of MP, acquiring $400 million worth of equity. Consequently, the U.S. Department of Defense will become the largest shareholder of this rare-earth company!

Apex Critical Metals Corp. Commences Nasdaq Trading with Rare Earth Focus

3 days ago

Apex Critical Metals Corp. began Nasdaq trading on October 23, 2026, focusing on rare earth elements and niobium deposits in North America, with shares priced at $6.60.

Yahoo! Finance Canada

2026-10-23

Apex Critical Metals Corp. Commences Nasdaq Trading with Rare Earth Focus

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