Oil falls; Apple and Palantir shares slide after earnings

Oil prices fell to multi-week lows as investors weighed peace efforts in Ukraine and Iran against supply disruption risks, while Apple and Palantir shares declined following their earnings reports. Brent crude dropped 1.15% to $103.56 per barrel and WTI fell 0.50% to $95.99, with diplomatic initiatives and a Saudi pipeline expansion reducing risk premiums. Gold slipped 0.58% to $3,924.69 as a stronger dollar and higher Treasury yields offset inflation relief from cheaper oil. Apple shares stayed pressured after reporting better-than-expected results but flagging memory cost pressures on margins, while Palantir fell despite strong quarterly revenue as contract bookings growth slowed sharply.