Palantir Shares Decline Despite Strong Earnings; Yum! Brands Considers Pizza Hut Sale Amid Positive Results

Palantir Technologies reported a 63% year-over-year increase in third-quarter revenue, reaching $1.181 billion, and a net income of $476 million, representing a 40% margin. Despite these strong financials, the company's stock declined by 8%, possibly due to concerns over its high valuation and reports of investor Michael Burry taking a bearish position in the company.

Yum! Brands announced third-quarter revenues of $1.98 billion, an 8% increase from the previous year, and adjusted earnings per share of $1.58, surpassing analyst expectations. The company is conducting a strategic review of its Pizza Hut division, which has seen a decline in operating profit contribution from 17% in early 2023 to 11%, and a 6% drop in U.S. same-store sales in the third quarter of 2025. Analysts estimate Pizza Hut could be valued at $3.4 billion, significantly less than competitors like Domino's and Papa John's.

In other market movements, Norwegian Cruise Line Holdings' shares fell 15% after reporting mixed third-quarter results, with adjusted profit exceeding forecasts but revenue below expectations. Uber Technologies' stock declined 5% following a lower-than-expected operating profit for the third quarter, despite revenue surpassing expectations. Conversely, Henry Schein's shares rose 11% after exceeding estimates with its third-quarter revenue and adjusted profit, and Expeditors International of Washington saw an 11% increase in share price after surpassing top- and bottom-line estimates for the third quarter.