Apple and Palantir's financial report will determine whether AI's stock can recover from its October slump, still to be verified
2026-11-02 21:17:07
According to CoinMeta, Apple and Palantir will release their financial reports on November 2nd. The market is watching to see if these two companies can help the AI stock recover from the $2 trillion sell-off in October. Apple relies on its vast consumer hardware and services business, while Palantir sells AI-powered software directly to governments and enterprises. Analysts expect Apple's revenue for the fourth quarter to be around $113.4 billion, a year-on-year increase of nearly 11%, with earnings per share at around $1.99. Meanwhile, Palantir expects its revenue for the third quarter to be around $2.18 billion, a year-on-year increase of about 85%. Investors will be paying attention to the spending and market demand of these two companies in the AI sector.
Source:Coinpaper
This content is for market information only and does not constitute investment advice.
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