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Yahoo
22 minutes ago
- Yahoo
Marjorie Taylor Greene's Palantir Bet Has Skyrocketed 142% Since She Bought It
Rep. Marjorie Taylor Greene (R-Ga.)'s investment in Palantir has seen an impressive surge of 142% since April. What Happened: Greene, who is a member of the House Homeland Security Committee, acquired shares in Palantir (NASDAQ:PLTR) just days before Immigration and Customs Enforcement (ICE) granted the company a $30 million contract. Greene has clarified that her portfolio is managed by her financial adviser and she was not privy to the trades until they were reported. Quiver Quantitative, a platform that monitors the stock market activities of politicians, highlighted that Palantir's stock has risen by 142% from its position on April 8, which is the date when Greene made her also invested in additional Palantir stock on July 15, which has yielded a substantial profit. Also Read: Marjorie Taylor Greene's Response To Trump Bombing Iran: 'Let Us Pray That We Are Not Attacked By Terrorists On Our Homeland' As per financial news outlet Benzinga, Greene's portfolio was ranked 23rd in performance among Congressional members in the previous year, generating a return of 30.2% on stock transactions. Greene has credited her success to her financial adviser and has brushed off criticism as 'laughable'. Why It Matters: The significant rise in Palantir's stock value following Greene's investment raises questions about the timing of her purchase. The fact that the surge came just days before ICE awarded Palantir a hefty contract is noteworthy. However, Greene has maintained that she was not aware of the trades until they were reported, attributing her investment decisions to her financial adviser. This incident underscores the potential for conflicts of interest in the stock market activities of politicians, a topic that has been a subject of debate in recent times. Read Next Marjorie Taylor Greene Promises To 'Lock Up' Anthony Fauci For Handling Of Pandemic: 'Should Be Tried For Crimes Against Humanity' Up Next: Transform your trading with Benzinga Edge's one-of-a-kind market trade ideas and tools. Click now to access unique insights that can set you ahead in today's competitive market. Get the latest stock analysis from Benzinga? PALANTIR TECHNOLOGIES (PLTR): Free Stock Analysis Report This article Marjorie Taylor Greene's Palantir Bet Has Skyrocketed 142% Since She Bought It originally appeared on © 2025 Benzinga does not provide investment advice. All rights reserved.


Fox News
22 minutes ago
- Fox News
Putin, Trump to meet in Alaska reportedly without Zelenskyy
MIT Security Studies senior research associate Jim Walsh joins 'Fox Report' to discuss President Donald Trump's expected meeting with Russian President Vladimir Putin in Alaska.


Bloomberg
24 minutes ago
- Bloomberg
Mexico Sets Tomato Export Prices to Ease Trade Spat With Trump
By and Maya Averbuch Save Mexico set minimum prices for fresh tomato exports to the US, seeking to regain full access to the market after the Trump administration imposed an anti-dumping duty. Setting the floor avoids generating 'a distortion in the prices' of tomato exports, the Mexican government said in a decree published in the federal gazette late Friday. US growers have accused Mexican counterparts of selling at unfairly low prices, and the US withdrew this year from a trade agreement regulating the exports.