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Apple and Palantir shares drop after earnings reports miss some expectations

Company Fundamentals
03 Nov 2026, 11:21 WIB
CNBC
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Bearish
Apple and Palantir shares drop after earnings reports miss some expectations

Apple shares fell 4.4% and Palantir shares dropped 5.9% in premarket trading following their earnings announcements. Apple reported better-than-expected overall revenue for the fourth quarter but missed estimates on iPad sales and issued a disappointing margin forecast. Palantir beat third-quarter revenue estimates, with U.S. commercial revenue surpassing government revenue for the first time. These mixed results led to investor caution ahead of market open.

Apple shares are trading at USD 323.21 on Pluang, down 4.47% as of Nov 03, 2026 16:11 WIB. Palantir shares are also lower, priced at USD 167.82 with a 5.90% decline on the same platform and time. Pluang data shows a higher sell order activity for both stocks, with Apple at 52% sell and Palantir at 54% sell.

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