Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Politics › Palantir Raises Outlook; Karp Calls Business Sales ‘Otherworldy’
Politics

Palantir Raises Outlook; Karp Calls Business Sales ‘Otherworldy’

Bloomberg Technology Monday 03 August 2026, 20:07 UTC By Lizette Chapman 1 min read
Key Points

Palantir Raises Outlook; Karp Calls Business Sales ‘Otherworldy’ Palantir Technologies Inc. raised its sales and income forecasts for the full year after posting second-quarter sales that far exceeded Wall Street’s estimates. Palantir now expects $4.89 billion to $4.91 billion in adjusted income from operations, up from $4.45 billion at the top end of the range previously. The software developer also raised its full-year revenue outlook, projecting as much as $8.16 billion in sales, above...

Palantir Raises Outlook; Karp Calls Business Sales ‘Otherworldy’ Palantir Technologies Inc. raised its sales and income forecasts for the full year after posting second-quarter sales that far exceeded Wall Street’s estimates. Palantir now expects $4.89 billion to $4.91 billion in adjusted income from operations, up from $4.45 billion at the top end of the range previously. The software developer also raised its full-year revenue outlook, projecting as much as $8.16 billion in sales, above analysts’ estimates of roughly $7.7 billion on average.
Palantir (PERSON) Karp Calls (ORG)
Originally published by Bloomberg Technology Read original →

Related Stories

Mamdani's grocery giveaway hits ID snag as critics cry foul: 'Make it make sense'

New York City Mayor Zohran Mamdani’s game plan for government-run grocery stores faced criticism Monday after a city official told reporters a "library-card-esque system" may be employed to prevent abuse of the 30% discounted markets. Mamdani took a question from a reporter who asked about preventing bulk purchases of groceries at the artificial discount from being re-sold at MSRP or higher. The mayor responded that the government grocery Request-for-Proposal makes clear "this is a program...

Fox News 11m ago

MLS owners appoint Berg next commissioner

MLS owners appoint Berg next commissioner LOS ANGELES, Aug 3 : Major League Soccer owners voted on Monday to appoint Los Angeles FC co-owner and private equity executive Larry Berg as the league's next commissioner, succeeding longtime chief Don Garber next year, sources said. Berg has held his ownership stake in LAFC since 2018, giving him inside knowledge of the MLS operations. He will sell his stake in the team before taking over the role.

Channel News Asia 11m ago

No explicit ban on protests outside places of worship likely for WA

WA ban on protests outside places of worship unlikely amid heightened antisemitism Tue 4 Aug 2026 at 7:12am In short: The WA government appears unlikely to introduce a ban on protesters gathering outside places of worship, similar to buffer zones in place around the nation's abortion clinics. The proposal was raised in the Royal Commission on Antisemitism and Social Cohesion.

ABC Australia 12m ago

After success of students protest, Kisan Morcha plans to hit streets

Emboldened by the success of student protests at Jantar Mantar, Samyukt Kisan Morcha - the umbrella organisation of farmer groups involved in the anti-farm laws agitation five years ago - announced Monday that it would restart protests at 100 locations across India, including Delhi, from Nov 26. The protesters will demand a law guaranteeing MSP; repeal of all FTAs, including the India-US FTA currently under negotiation; a comprehensive loan waiver to address rural indebtedness; scrapping of...

Times of India 16m ago