Apple and Palantir stocks fall in premarket trading after earnings

Apple and Palantir stocks fall in premarket trading after earnings

Apple and Palantir shares fell in premarket trading Tuesday after both announced earnings after the bell on Monday. The iPhone maker reported better-than-expected revenue in its fourth-quarter earnings, but fell short of estimates on iPad sales and issued a margin forecast that disappointed investors. Palantir beat Wall Street’s third-quarter estimates, with U.S. commercial revenue topping…

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Trump will get ‘trounced’ in midterms, Anthony Scaramucci says

Trump will get ‘trounced’ in midterms, Anthony Scaramucci says

U.S. President Donald Trump will get “trounced” in Tuesday’s midterm elections, former White House communications director and SkyBridge Capital founder Anthony Scaramucci told CNBC. Speaking to CNBC’s “Squawk Box Europe” on Tuesday, Scaramucci said America is in the throes of a cultural and economic struggle, with the two main parties fighting to deliver “two different…

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Jim Cramer’s 6 fashion stocks to watch

Jim Cramer’s 6 fashion stocks to watch

CNBC’s Jim Cramer highlighted six fashion and apparel stocks on Monday for investors looking for alternatives to the struggling AI trade. While technology stocks have come under pressure in recent weeks, consumer stocks have been resilient. The SPDR S&P Retail ETF (XRT) gained 10% this quarter, while the Technology Select Sector SPDR Fund (XLK) fell…

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U.S. judge dismisses Trump administration’s Harvard admissions probe case

U.S. judge dismisses Trump administration’s Harvard admissions probe case

Harvard University graduates attend the university’s 374th commencement ceremony on May 29, 2025 in Cambridge, Massachusetts. Vcg | Visual China Group | Getty Images A federal judge dismissed on Monday a lawsuit by President Donald Trump’s administration seeking to force Harvard University to turn over records for an investigation into whether it continues to consider…

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