Palantir sales growth cheers Wall Street, Poland threatens EU budget, Denmark mink culling
FT News Briefing
Forhecz Topher
4.4 • 1.3K Ratings
🗓️ 13 November 2020
⏱️ 11 minutes
🧾️ Download transcript
Summary
Data analytics company, Palantir, beat Wall Street forecasts in its first quarterly earnings since going public, the US Senate is preparing to vote on Judy Shelton, Donald Trump’s nominee to the Federal Reserve board, and Poland’s prime minister warns that his country’s parliament could shoot down the EU’s next seven-year budget. Plus, the FT’s Nordic and Baltic correspondent, Richard Milne, explains why Denmark is backtracking on its order to kill millions of mink.
Palantir sales growth cheers Wall Street in debut earnings
https://www.ft.com/content/9fdbf565-8be3-4972-8f8f-4cad3dda5101
Senate prepares to vote on Trump’s Fed board nominee Judy Shelton
https://www.ft.com/content/4c146684-b364-4966-849a-acfcd7bd9ded
Poland threatens EU budget over linking funding to rule of law
https://www.ft.com/content/d8dfda2c-a811-4749-9bf2-3a0dde626fed?
Denmark’s mink farmers count cost of botched cull
https://www.ft.com/content/9e518316-6422-41f3-8873-8a75754b2eef
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Transcript
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| 0:00.0 | Good morning from the Financial Times. Today is Friday, November 13th, and this is your FT news briefing. |
| 0:08.4 | Palantir beat Wall Street expectations in its first earnings since going public. |
| 0:13.2 | The US Senate is ready to vote on Donald Trump's nominee |
| 0:15.8 | to the Federal Reserve Board, |
| 0:17.5 | and Poland could stand in the way of the EU's next budget. |
| 0:21.3 | Plus, Denmark made headlines last week after it ordered the mass execution of its |
| 0:25.7 | Mink population. But was it the right move? I'm Mark Filipino and here's the news you need |
| 0:32.0 | to start your day. |
| 0:33.0 | Palantir had a lot to show off to investors in its first quarterly earnings report since going public. |
| 0:46.0 | The data analytics company is probably best known for its work for the US Defense and National |
| 0:50.4 | Security establishment, and it floated at the end of September. |
| 0:54.2 | Palantier beat Wall Street expectations |
| 0:56.2 | with revenue growth accelerating to nearly 50% |
| 0:59.5 | in the first nine months of the year. |
| 1:01.3 | It's double the rate of 2019, all thanks to new contracts with the |
| 1:05.3 | U.S. Army that came on the back of a successful court battle to get more access to military |
| 1:10.1 | spending. And the company said yesterday that it's not relying as much on a few large customers, which is one of Wall |
| 1:16.8 | Street's big concerns about Palantir. |
| 1:19.2 | The amount it made off its 20 biggest customers dropped by 8% compared to the same period last year. |
| 1:24.6 | Palantier shares rose about 1% in after-hours trading on Thursday |
| 1:28.9 | and they've risen more than 40% since last week's U.S. election. |
| 1:35.0 | The U.S. Senate is gearing up to confirm a new member to the Federal Reserve Board, |
... |
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