Apple and Palantir both report quarterly results on Monday, Nov. 2, after the closing bell. The October jobs report follows on Friday, Nov. 6, at 8:30 a.m. ET. According to CNBC’s weekly outlook , those two events bracket a crowded stretch that also includes Tuesday’s midterm elections and 138 S&P 500 companies reporting their numbers. The timing is awkward for tech investors. CNBC reported that Alphabet fell 12% on Thursday, its worst single day on record, and that the semiconductor ETF SOXX dropped 9.1% on Friday. We covered the first wave of that damage in our look at how earnings misses fanned AI fears , and this week’s Apple Palantir earnings reports are the next big test of whether the AI trade still has buyers.
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