Shares of Apple (AAPL) and Palantir (PLTR) each fell about 2% on Tuesday despite strong quarterly results. Apple's fiscal Q4 revenue rose 12% to a record $114.47 billion, with iPhone revenue up 17% to $57.6 billion and Services up 10% to $31.57 billion; adjusted EPS of $2.05 beat estimates of $1.98. It guided fiscal Q1 revenue growth of 7%–10%, while rising memory and AI costs are expected to pressure gross margins to 45%–46%, versus 47.9% in Q4. Palantir's Q3 revenue soared 96% to $2.31 billion, with U.S. commercial revenue up 148% to $984 million, and management raised its FY26 revenue guidance to $8.53 billion, or 91% growth.
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AAPLPalantirearningsartificial intelligence
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Related tickers and likely impact
AAPL
• NeutralApple Inc.
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Technology Hardware, Storage & Peripherals |
| Market cap | $5.1T |
| Close on 11/02/2026 | 338.32 |
| Change that session | -1.83% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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