November 3, 2026

The Financial News

The Financial News

Is Apple Losing Its Memory?


This was the first earnings report for Apple under new CEO John Ternus. Despite the leadership change, there were a lot of similar themes to the time of CEO Tim Cook: supply chain challenges and what to do with all that extra cash. Matt, Lou, and Tyler take a look at Apple’s earnings under new leadership and speculate what they should do with that excess cash. Plus, Shopify and Palantir’s earnings misses, SpaceX acquisition rumors, and a shakeup among oil refineries.

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Tyler Crowe, Lou Whiteman, and Matt Frankel discuss:

– Apple’s same old earnings and supply chain challenges.

– What should Apple do with its massive cash pile

– Palantir’s earnings & how much more government work it can get.

– Shopify’s less than perfect earnings

– SpaceX rumors to do “something” with Boost Mobile

– Carl Icahn’s CVR Energy Buys Refineries for $4 billion

Companies discussed: AAPL, BRK.B, MU, NVDA, SHOP, PLTR, SPCX, CVI, MPC

Host: Tyler Crowe

Guests: Matt Frankel, Lou Whiteman

Engineer: Dan Boyd

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