what Government Surveillance Allegations on PLTR

Palantir Technologies has been accused of aiding the Trump administration in creating detailed profiles of American citizens using federal data. The allegations stem from reports that Palantir was tapped to support a Trump executive order aimed at merging federal data across agencies. Specifically, The New York Times reported that Palantir may have been involved in compiling a broad database of U.S. citizens during Donald Trump's presidency.

Palantir CEO Alex Karp has strenuously denied these allegations, calling them "blatantly untrue" and insisting that the company does not gather data to unlawfully track Americans. He has also emphasized that the Palantir platform includes granular security measures and is highly secure, making it difficult to manipulate or change. Despite these denials, the allegations have contributed to a decline in Palantir's stock price and have raised concerns among investors about the company's involvement with federal data access.