Palantir, which provides services to government and commercial businesses, and has a market value of almost $100 billion, now owns 1.1 million shares of Faraday, a company with a market capitalization of about $30 million, according to a recent filing with the Securities and Exchange Commission. The most likely reason is benign, but it still appeared to move shares of Faraday. Palantir stock gained 4.1%, closing at $43.13, a new 52-week high.