Gil Luria, Managing Director and Head of Technology Research at DA Davidson, joins Bloomberg Businessweek Daily to discuss Palantir earnings, including the firm’s better-than-expected forecast revenue for fiscal 2026 that significantly exceeded Wall Street expectations, a boost for the data analytics company after its shares have gotten off to a lackluster start so far this year. Annual revenue will be between $7.18 billion and $7.2 billion, the Denver-based company said Monday in a statement. Analysts, on average, estimated $6.27 billion. Luria also weighs in as Elon Musk’s SpaceX announces it will acquire xAI, in a deal that encompasses the billionaire’s increasingly costly ambitions to dominate artificial intelligence and space exploration. The transaction was announced in a statement on SpaceX’s website signed by Musk, and confirmed an earlier Bloomberg News report. Luria speaks with Carol Massar and Tim Stenovec.
——–
Watch Bloomberg Radio LIVE on YouTube
Weekdays 7am-6pm ET
WATCH HERE: http://bit.ly/3vTiACF
Follow us on X: https://twitter.com/BloombergRadio
Subscribe to our Podcasts:
Bloomberg Daybreak: http://bit.ly/3DWYoAN
Bloomberg Surveillance: http://bit.ly/3OPtReI
Bloomberg Intelligence: http://bit.ly/3YrBfOi
Balance of Power: http://bit.ly/3OO8eLC
Bloomberg Businessweek: http://bit.ly/3IPl60i
Listen on Apple CarPlay and Android Auto with the Bloomberg Business app:
Apple CarPlay: https://apple.co/486mghI
Android Auto: https://bit.ly/49benZy
Visit our YouTube channels:
Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts
Bloomberg Television: https://www.youtube.com/@markets
Bloomberg Originals: https://www.youtube.com/bloomberg
Quicktake: https://www.youtube.com/@BloombergQuicktake
source
