What to Expect in Markets This Week: Apple, Palantir Report; October Jobs Data Lands

AI drove a lot of the news cycle last week. It could do the same in the week ahead.

Investors are likely still digesting the paperwork Anthropic filed ahead of its IPO. Several tech giants reported , too, and not all of their results were well-received by investors . Now we'll be watching for insights about how AI fits into Apple's vision and broader strategy when John Ternus attends his first earnings call as the iPhone maker's CEO—in the context of a tech selloff to close last week.

Ternus took the top job shortly after Apple had its strongest June-to-August quarter. He oversaw the release of new phone and watch models this September, as well as last month's launch of a foldable iPhone that has reportedly been prone to cracking.

How much momentum the AI buildout still has may become clearer as companies that produce servers, chips and other components for data centers publish their latest quarterly results. Companies slated to report this week include Supermicro, Advanced Micro Devices, Onsemi, Arm Holdings and Lumentum Holdings.

Shopify, which recently announced a partnership with Meta's Muse AI, will also hand in its numbers, as will data analytics company Palantir. Quarterly results from Uber, Lyft, DoorDash and Instacart—the latter two firms agreed to merge last week—will round out reports from the tech sector.

There's economic data to watch this week, too: October job numbers are due Friday. Job creation was weak in September, and the government downwardly revised August and July figures, suggesting the labor market may be more fragile than economists realized. Friday's report may influence whether the Central Bank increases interest rates in December, as expected .

Market Recap

The major stock indexes wrapped up October with a bruising Friday pullback. That left two of the three leading indexes with monthly losses: The Nasdaq Composite fell 5.3%, its biggest one-month decline since March 2025, when markets cratered amid concerns about the Trump administration's tariff policies. The S&P 500 fell 0.9% in October, while the Dow added 1.7%, recovering from a 4.3% September decline in September. For a recap of Friday's action, see our Friday markets blog .

This Week's Top Events

Here's a look at major events happening this week. TradingView publishes a more detailed calendar, but clicking the link will take you off the Investopedia site.

• Monday, Nov. 2: Palantir Technologies (PLTR) is slated to release its third-quarter results after the market closes and host a live webcast at 5 p.m. ET. The company topped expectations last quarter and raised its outlook.

• Monday: Apple (AAPL) is scheduled to host a conference call on its fiscal fourth-quarter results at 5 p.m. ET, with the numbers expected before then. The tech company beat expectations last quarter, but its forecast disappointed investors.

• Tuesday, Nov. 3: Shopify (SHOP) is set to release its third-quarter results before the opening bell and hold a conference call at 8:30 a.m. ET. The e-commerce company handed in better-than-expected results last quarter and shared a bright outlook, sending shares soaring.

• Tuesday: Super Micro Computer (SMCI) is scheduled to host a conference call on its fiscal first-quarter results at 5 p.m. ET, with the numbers expected before then. Supermicro handed in strong numbers last quarter, and its shares rose when the server company released preliminary results that outperformed prior guidance.

• Tuesday: Advanced Micro Devices (AMD) is set to release third-quarter results after the closing bell, followed by a conference call at 5 p.m. ET. The chipmaker posted better-than-expected results last quarter, with data center sales doubling. But AMD shares fell, potentially because investors were looking for a stronger gross margin forecast. Other AI-related companies slated to report this week include Arm Holdings (ARM), Lumentum Holdings (LITE) and Onsemi (ON).

• Wednesday, Nov. 4: Uber Technologies (UBER) is scheduled to hold a conference call on its third-quarter results at 8 a.m. ET, with the numbers expected earlier that day. Shares of the ride-hailing company fell when Uber reported less revenue than expected last quarter. Investors embraced Uber's recently expanded partnership with chipmaker Nvidia (NVDA) on self-driving cars. Nvidia is also working with Lyft (LYFT), which reports Thursday.

• Wednesday: McDonald's (MCD) is slated to host a conference call on its third-quarter results at 8:30 a.m. ET, with the figures expected before then. The fast-food giant reported more profit than expected last quarter. Several other restaurant chains report this week, including: Cava (CAVA), Sweetgreen (SG), Papa John's (PZZA), Shake Shack (SHAK), Wendy's (WEN)—which is weighing a buy-out offer , Texas Roadhouse (TXRH), Taco Bell owner Yum! Brands (YUM), and Bloomin' Brands (BLMN), which operates Outback Steakhouse.

• Wednesday: The Kraft Heinz Co. (KHC) is scheduled to release its third-quarter results before the opening bell, followed by a live question-and-answer session at 9 a.m. ET. The company said earlier this year that it was abandoning plans to divide the business into two companies: one for sauces and spreads and another focused on grocery products. Keurig Dr Pepper (KDP) also reports this week.

• Wednesday: DoorDash (DASH) is slated to publish its third-quarter results after the market closes and hold a conference call at 4:30 p.m. ET. The company last week agreed to merge with rival Instacart (CART), which also reports in the coming days.

• Wednesday: Snap (SNAP) is scheduled to hold a conference call on its third-quarter results at 5 p.m. ET, with the figures expected before then.

• Thursday, Nov. 5: Cloudflare (NET) is set to publish its third-quarter results after the closing bell and host a conference call at 5 p.m. ET. The cloud company outperformed expectations last quarter and lifted its outlook .

• Friday, Nov. 6: The Bureau of Labor Statistics is scheduled to release October job numbers at 8:30 a.m. ET. Employers added fewer jobs than expected—some 29,000—in September, and government economists said the country may have added 60,000 fewer jobs than previously believed in July and August. The unemployment rate increased to 4.2% from 4.1% in August.

• Friday: The University of Michigan Surveys of Consumers is slated to release November consumer sentiment and expectation data at 10 a.m. ET. Consumer sentiment ticked down in October, remaining 15% below where it was before the conflict with Iran began.

• Friday: Moderna (MRNA) is set to hold a conference call on its third-quarter results at 8 a.m. ET, with the numbers expected before then. The pharmaceutical company's stock was up nearly 700% for the year until results from its skin cancer vaccine trial were leaked, spurring a 20% drop in share prices. Other pharmaceutical and health insurance companies reporting this week include Novo Nordisk A/S (NVO), Vertex Pharmaceuticals (VRTX), Humana (HUM) and Cigna Group (CI).