9/30, 8:29 PM (Source: TeleTrader)
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We can grow client base with same workforce - Palantir CEO

Palantir Technologies CEO Alex Karp (pictured) expressed optimism in terms of the company's future on the stock market, stating on Wednesday that Palantir can widen its client base without expanding its workforce.

In an interview with CNBC, Karp added that the firm's primary goals are to increase revenue and up the number of clients, and asserted that he's "confident Palantir will do well," stressing that the tech firm's advantage compared to the competition is that "it's focused on building software well before other people."

Earlier in the day, the Palantir started trading, with its shares rising 47.86% to sell for $10.71 at 2:36 pm ET.

Breaking the News / BU