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Latin Times
Latin Times
Politics
Pedro Camacho

Trump's Palantir Investment Puts Spotlight on Firm's Expanding Immigration Enforcement Contracts

President Donald Trump (Credit: X)

President Donald Trump purchased shares of Palantir Technologies weeks before publicly praising the company on Truth Social, according to financial disclosures released this week by the U.S. Office of Government Ethics, drawing renewed attention to the relationship between the White House and one of the administration's closest technology partners.

The records, reported by CNBC, show Trump bought between roughly $247,000 and $630,000 worth of Palantir stock during the first quarter of 2026, including several purchases in March. In early April, after Palantir shares posted their worst week in more than a year amid broader market volatility tied to the Iran war, Trump publicly endorsed the company on Truth Social.

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