Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning.

It's good to be back with you on this Tuesday, November 4th. I'm Julie Morgan.

Palantir is down even after a big quarter. Denny's is off the menu for Wall Street,

and Starbucks is stirring up change in China. Palantir named after the

seeing stones of Middle Earth is peering into a stronger future even as the stock takes a hit this

morning. The company posted strong Q3 results and raise full year-year guidance but is down more than

7% in pre-market action. Revenue jumped 63% year

over year to 1.18 billion. This was driven by 77% surge in U.S. revenue, including 121% growth

in U.S. commercial and 52% growth in the U.S. government segment. Palantir closed 204

deals worth more than a million dollars, totaling $2.76 billion in contract value, while

customer account rose 45% year over year. The company guided Q4 revenue above expectations

and lifted its full-year revenue revenue outlook with higher operating profit and free cash flow forecasts. I'll leave you a link to the transcript from the earnings call in the show notes section. Denny's will be acquired and taken private in a deal that values the company at $620 million, including debt.

Denny's will be purchased by a trio of companies, including private investment company,

Tri-Artisan Capital Advisors, who owns TGI Fridays and PF Chains, in addition to one of its

largest franchisees. Under the agreement, Denny's shareholders will receive $6.25

per share in cash or a total of $322 million. This represents a 52% premium to Denny's closing stock price on Monday.

Denny's is up 48% to $6.9 in pre-market trading.

Starbucks has agreed to sell a majority stake in its China business to private equity firm

B'U Capital at a $4 billion enterprise value.

Boughu Capital will operate the retail business in China.

Under the terms of the agreement,

BOU will hold up to 60% stake in the venture

...