Palantir Technologies shares plunge in premarket trading on Tuesday after rallying more than 170% this year. The data-analysis software company raised its annual revenue outlook to $4.4 billion and outpaced analyst estimates for third-quarter sales. While analysts are broadly positive on the report, they flag concerns over the stock’s premium valuation. “We are in a nosebleed zone,” Palantir Chief Executive Officer Alex Karp said in an interview Monday. “No one else is here.”
New Yorkers head to the polls today to elect the next mayor for New York City. President Donald Trump endorses Andrew Cuomo, threatening to withhold federal funding if Zohran Mamdani wins today’s election for New York City Mayor.
Today’s guests: Iain Stealey, JPMorgan Asset Management; Anna Skoglund, Goldman Sachs; Bob Diamond, Atlas Merchant Capital Founding Partner and CEO
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"The Pulse With Francine Lacqua" is all about conversations with high profile guests in the beating heart of global business, economics, finance and politics. Based in London, we go wherever the story is, bringing you exclusive interviews and market-moving scoops.
Chapters:
00:00:00 – The Pulse with Francine Lacqua
00:01:24 – UK’s Reeves Set Stage For UK Tax Hikes
00:03:36 – Iain Stealey, JPMorgan Asset Management
00:09:53 – Americans Head to Polls For State & Local Elections
00:11:17 – Matt Winkler, Bloomberg News Editor-in-Chief Emeritus
00:12:49 – New York Mayoral Election 2025
00:15:23 – Anna Skoglund, Goldman Sachs
00:23:26 – Tuesday Headlines
00:26:01 – Bob Diamond, Atlas Merchant Capital CEO & Former Barclays CEO
00:36:06 – Palantir Hikes Sales Forecast
00:39:30 – BP Profit Beats in Sign That Turnaround Is Gathering Pace
00:42:37 – European Climate Deal Set For Showdown Ahead of COP30
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