Apple and Palantir shares reportedly fall after earnings

Apple and Palantir reportedly fell after earnings, with Palantir down 4% after hours. Palantir's commercial revenue was also said to have topped government revenue for the first time. Separately, an observer worries that some AI stocks struggle to make new highs despite strong earnings, citing Micron's failure to sustain a move higher after a Q3 earnings beat. The observer also points to uncertainty over future AI IPO valuations and how much additional stock the market can absorb.