Apple and Palantir shares drop after earnings despite revenue beats
Apple posted stronger-than-expected fourth-quarter revenue but missed on iPad sales and gave a margin outlook that unsettled investors, sending shares down about 4% in premarket trading. Palantir beat Wall Street's third-quarter estimates, with U.S. commercial revenue surpassing government revenue for the first time, yet its stock fell roughly 6.5% to 6% in premarket trading.