{"id":87626,"date":"2024-03-14T01:26:44","date_gmt":"2024-03-14T05:26:44","guid":{"rendered":"https:\/\/www.hedgeco.net\/news\/?p=87626"},"modified":"2024-03-14T01:27:11","modified_gmt":"2024-03-14T05:27:11","slug":"palantir-ceo-alex-karp-says-short-sellers-love-pulling-down-great-american-companies-to-pay-for-their-cocaine","status":"publish","type":"post","link":"https:\/\/www.hedgeco.net\/news\/03\/2024\/palantir-ceo-alex-karp-says-short-sellers-love-pulling-down-great-american-companies-to-pay-for-their-cocaine.html","title":{"rendered":"Palantir CEO Alex Karp says short sellers \u2018love pulling down great American companies\u2019 to pay for their cocaine"},"content":{"rendered":"\n<p>(CNBC) Shares of Palantir jumped 9.8% on March 6 after Palantir announced its Tactical Intelligence Targeting Access Node was <a rel=\"noreferrer noopener\" href=\"https:\/\/investors.palantir.com\/news-details\/2024\/Army-Selects-Palantir-to-Deliver-TITAN-Next-Generation-Deep-Sensing-Capability-in-Prototype-Maturation-Phase\/\" target=\"_blank\">selected by the U.S. Army<\/a>. TITAN uses artificial intelligence to provide targeting information for missiles. When a stock goes up, short sellers are on the hook to buy back shares, potentially at a huge loss. \u201cThe best thing that could happen to them is we will lead their coke dealers to their homes after they can\u2019t pay their bills.&#8221;<\/p>\n\n\n\n<p><a href=\"https:\/\/www.cnbc.com\/2024\/03\/13\/palantir-ceo-short-sellers-pull-down-us-companies-to-pay-for-coke.html\">To read this article:<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(CNBC) Shares of Palantir jumped 9.8% on March 6 after Palantir announced its Tactical Intelligence Targeting Access Node was selected by the U.S. Army. TITAN uses artificial intelligence to provide targeting information for missiles. When a stock goes up, short [&hellip;]<\/p>\n","protected":false},"author":4,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-87626","post","type-post","status-publish","format-standard","hentry","category-syndicated"],"_links":{"self":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/users\/4"}],"replies":[{"embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/comments?post=87626"}],"version-history":[{"count":1,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87626\/revisions"}],"predecessor-version":[{"id":87627,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/posts\/87626\/revisions\/87627"}],"wp:attachment":[{"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/media?parent=87626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/categories?post=87626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.hedgeco.net\/news\/wp-json\/wp\/v2\/tags?post=87626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}