Oil prices slide on peace hopes; Apple, Palantir shares fall 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 despite strong earnings reports. Brent crude dropped 1.15% to $103.56 per barrel and WTI fell 0.50% to $95.99, with markets assessing diplomatic talks and expected U.S. inventory builds. Gold slipped 0.58% as a stronger dollar and higher Treasury yields offset support from lower oil prices. Apple shares fell on concerns over rising memory costs and margin pressure, while Palantir declined despite record quarterly revenue as investors focused on slower growth in new contract commitments.