Trump praises Palantir with stock down 14% this week as Iran conflict drags on

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President Donald Trump lauded Palantir

in a post to Truth Social on Friday as the artificial intelligence software stock headed for a 15% weekly plunge.

“Palantir Technologies (PLTR) has proven to have great war fighting capabilities and equipment,” Trump posted on the social media platform. “Just ask our enemies!!!”

Palantir’s stock has benefited since the U.S. began strikes on Iran in late February. The military is reportedly utilizing its AI-powered Maven Smart System platform to identify targets in the Middle East.

Trump praises Palantir with stock down 14% this week as Iran conflict drags on

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