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Palantir CEO Alex Karp says this deadly tidal wave of macroeconomic risks will wipe out some compani…

Sumary of Palantir CEO Alex Karp says this deadly tidal wave of macroeconomic risks will wipe out some compani…:

  • You will see that the durable companies that come out of this in three, four years …
  • Yes it will. related investing newsEvercore ISI cuts S&P 500 year-end target as Fed powerful talk raises probability of a recessionyun Li11 hours ago The Federal Reserve on Wednesday¬†raised benchmark interest rates¬†by another three-quarters of a percentage point to a range of 3%-3.25%, the highest since early 2008.
  • Are largely going to be from America, largely from the West Coast and they are going to be focusing on producing things that actually matter, Karp said.
  • Interest rates are the reason, Karp said Thursday on CNBC Squawk Box. Will this deadly tidal wave wipe out some companies?

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