A surge of U.S. House members have recently snapped up shares in Palantir Technologies, a data analytics firm with deep ties to President Donald Trump and Elon Musk, just as it’s poised to benefit from the administration’s plans to outsource and privatize much of the federal government. Congressional transaction filings reveal a striking uptick: lawmakers with direct influence over defense and national security—sectors where Palantir rakes in hundreds of millions in contracts—are suddenly betting on its stock.
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