Alex

Palantir CEO and co-founder Alex Karp believes this period of macro uncertainties will crush many companies with shaky fundamentals.

"They are so scared about the macro-political conditions that no one wants to talk about them. "You will see that the durable companies that come out of this in three, four years ... [raised benchmark interest rates](https://www.cnbc.com/2022/09/21/fed-rate-hike-september-2022-.html) by another three-quarters of a percentage point to a range of 3%-3.25%, the highest since early 2008. The stock is down nearly 60% this year. bad times really uncover the durable companies, and tech is going through bad times ... interest rates are the reason," Karp said Thursday on CNBC's

WATERBURY, Conn. (AP) — Conspiracy theorist Alex Jones took the stand Thursday at his defamation trial in Connecticut as he and his lawyer try to limit ...

Jones also was asked about a page on his Infowars site that called the trial a “kangaroo court” and advertisements on that page. He said the page was created by his staff, but called it a “good report.” He also was asked about daily profit reports. When Jones faced the Texas jury last month and testified under oath, he toned down his rhetoric. A third trial in Texas is expected to begin near the end of the year. And I’ve seen the families, I’ve met some of the families. “This is not really a trial,” he said.

“Is this a struggle session? Are we in China?” Jones exclaimed during his testimony after being reminded of those killed in the 2012 mass shooting.

[child pornography](https://www.nbcnews.com/news/us-news/child-porn-found-documents-alex-jones-sent-sandy-hook-family-n1018541) in the emails sent from Jones to them. “When that happens, you have full and sole access to those assets?” asked Mattei. Jones was asked about similar remarks he made on his show over the last week. [ trial ](https://www.nbcnews.com/news/us-news/trial-set-begin-alex-jones-sandy-hook-hoax-case-rcna47246)in Waterbury, Connecticut, about 20 miles from Newtown, where the shooting took place. “This is not really a trial,” he said. Jones admitted on the stand that for years he repeated false stories on his radio and online show that the Sandy Hook shooting was “synthetic” and a “fake,” and that the families of the victims were “actors.” That matter was the subject of a [lawsuit](https://www.nbcnews.com/news/us-news/child-porn-found-documents-alex-jones-sent-sandy-hook-family-n1018541) Jones filed himself in 2019 against the Young Turks, a left-leaning online show that accused Jones of sending child pornography. “Is this a struggle session? On his show, Jones called Judge Barbara Bellis a “tyrant” and created a webpage online called “kangaroo court” where viewers can watch the trial. "I legitimately thought it might have been staged and I stand by that. [defamation trial](https://www.nbcnews.com/news/us-news/alex-jones-connecticut-trial-latest-not-last-legal-fallout-sandy-hook-rcna47747)in Connecticut after being found liable for spreading lies that the Sandy Hook school shooting was a hoax. I don’t apologize for it.”

The Infowars founder lashed out at lawyers during a Connecticut trial that will determine what damages he has to pay families of victims of the school ...