Fund News Today — November 3, 2026
Apple and Palantir shares slide in premarket trading following post-bell earnings and more — today's fund signal.
Shares of tech giants Apple and Palantir are under pressure in premarket trading after both companies reported earnings results late yesterday. Despite Palantir posting what one analyst described as a "bombastic" quarter, with its iPhone business booming, Apple's stock is falling. Similarly, Palantir's shares are sliding, suggesting that for now, even strong performances aren't enough to sway investor sentiment.
The tech earnings moves are unfolding as investors digest other significant news. In the UK, energy firm Drax is surging after Brookfield announced plans for a $27 billion AI data center at a power station. Meanwhile, central banks continue to tackle inflation, with Australia hiking interest rates to an 18-year high. The intersection of technology, energy, and monetary policy is also playing out in the AI space, where OpenAI has hired a former U.S. Army Secretary to lead its national security efforts. These developments are set to influence market dynamics in the days ahead.
Today's signal:
• Apple and Palantir shares slide in premarket trading following post-bell earnings (cnbc.com)
• Brookfield targets $27 billion AI data center at power station. Energy firm Drax surges 8% (cnbc.com)
• Australia hikes rates to 18-year high to fight inflation (cnbc.com)
• OpenAI hires former U.S. Army Secretary Dan Driscoll for national security role (cnbc.com)
• Here’s why Palantir’s stock is down despite a ‘bombastic’ quarter (marketwatch.com)
• Apple’s iPhone business is booming. Here’s why the stock is falling anyway. (marketwatch.com)