IR (InfraredFinance) fluctuated by 48.0% in 24 hours: Retraced to test support after technical rebound

Palantir’s Q3 revenue increased by 96% year-on-year to $2.31 billion, with its commercial business surpassing government contracts for the first time. CEO Karp stated that demand for sovereign AI remains strong, and the company raised its full-year revenue guidance to $8.53 billion. Despite stock price volatility after hours, both profit indicators exceeded expectations.

Iran's Supreme Leader has authorized the government to negotiate, while Trump has explicitly stated he "will not" resume military strikes if re-elected. The energy market is under pressure across the board: Brent crude plummeted over 6% in a single day, WTI fell below the $100 mark, and European benchmark natural gas futures at one point plunged nearly 11%. With the US election approaching, Trump faces both electoral challenges and pressure from Israel to initiate conflict. Iran has proposed a "seven-day plan" as its bottom line for reopening the Strait, with substantial underlying disagreements. Coupled with a sharp global inventory reduction of nearly 1 billion barrels, the downside for oil prices may be limited.

Apple, which does not participate in the AI arms race, has become a "safe haven" amid the AI sell-off; however, with its high valuation, Apple also faces a judgment on its growth.

In the fourth fiscal quarter ending at the end of September, Apple's total revenue increased nearly 12% year-on-year. iPhone revenue exceeded expectations with a 17.5% increase, and Mac revenue grew nearly 24%, surpassing analysts' expectations by 11%. However, iPad and wearable device revenue both fell short of expectations. EPS rose 14% year-on-year, and the gross margin of 47.9% reached its lowest point in a year, supported by U.S. tariff exemptions. Service revenue hit a record high for a single quarter. Greater China revenue increased 21%, though it was still 6.5% below analyst expectations. For the full fiscal year, revenue set a historic record, but shareholder returns declined, with stock repurchases down nearly 5% from last year to $86.4 billion. During the earnings call, management disclosed that rising memory prices are eroding profit margins, and guidance for next quarter’s gross margin is only 45% to 46%, much lower than this quarter’s 47.9%. After-hours stock price fluctuated and turned downward, at one point dropping more than 4%.