WQTM is trading at $26.03, up 1.78%, after Palantir beat third-quarter revenue and earnings estimates and raised its full-year outlook, lifting shares after hours and providing a positive signal for AI software stocks.
- Investor concerns about AI infrastructure spending and uncertain returns continued to pressure the broader technology backdrop after weakness in major technology stocks.
- Apple reported fourth-quarter revenue of $114.5 billion, up 12% year over year; its after-hours reaction was nearly flat.