Former President Donald Trump praised Palantir Technologies Inc. for its 'great war-fighting capabilities' in a post on Truth Social. This endorsement came shortly after a segment on Fox Business, where investor Michael Burry expressed concerns about Palantir's position against Anthropic PBC, a competitor in enterprise AI. Trump emphasized Palantir's role in military operations, referencing its technology's involvement in capturing Venezuelan leader Nicolas Maduro. The Pentagon recently flagged Anthropic's products as a risk to the U.S. supply chain, leading to a legal challenge by the startup. Palantir, founded in the early 2000s with backing from the CIA's investment arm, relies significantly on government contracts, including close to $900 million with the Pentagon last year. The Pentagon plans to establish Palantir's Maven Smart System as a program of record, ensuring ongoing support for military operations. Following Trump's post, Palantir's stock rebounded after an initial decline, illustrating the impact of political endorsements on market performance.