Election Day, Apple's Margin Warning, and Oil's Round Trip
Americans vote in the midterm elections with prediction markets leaning toward a Democratic sweep and strategists gaming out every combination of Congress, while Apple posts a record 114.5 billion dollar quarter but guides holiday margins lower on memory costs, and Palantir nearly doubles revenue as U.S. commercial sales pass government sales for the first time, yet falls on slower contract growth. Oil rebounds after Monday's seven percent plunge following a reported U.S. strike near the Strait of Hormuz, U.S. factory production hits its highest level since 2021, and in Canada Toromont beats…
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