Overview

• Palantir CEO Alex Karp accuses short sellers of undermining American companies to finance their cocaine habits.
• Karp's comments followed Palantir's stock surge of approximately 46% this year, attributing the rise to the company's recent deal with the US Army.
• The CEO's remarks have led to a backlash, with some Palantir employees leaving due to the company's vocal support for Israel.
• Despite the controversy, Palantir's stock continues to perform well, with a significant one-day spike after announcing a military contract.
• Karp's unconventional statements highlight the tension between Palantir and investors betting against the company.