Apple Warns on Margins as Palantir Hits Commercial Mark
Apple faces rising chip and AI compute costs while Palantir's commercial revenue beats its defense contracts for the first time.
Apple & Palantir Earnings, Elon Caps Grok Bot Usage, SpaceX’s Starfall | Diet TBPN
With John Coogan, Jordi Hays · Tuesday, November 3, 2026
John Coogan and Jordi Hays break down the latest quarterly earnings from Apple and Palantir, analyzing the margin implications of rising chip and AI compute costs. They examine the macroeconomic headwinds facing internet platforms as Google shifts to AI search mode, Elon Musk's decision to restrict Grokbot access over inference costs, and SpaceX's entrance into orbital microgravity manufacturing with Starfall.
Key takeaways
- Apple warned that rising memory chip prices and the expense of running AI tools will eat into hardware gross margins. Read more →
- CrowdStrike spent a combined $495 million to acquire two AI security startups in a single move: Fiddler AI for observability and Dreadnode for red-teaming defenses. Read more →
- Elon Musk announced on November 1st that Grokbot serving costs had outrun subscription revenue, forcing sudden usage limits. Read more →
- Reddit reported a decoupling between user demand and Google referral traffic on its earnings call, showing that search engines no longer send visitors outward. Read more →
4 articles from this episode
CrowdStrike Spent $495M to Build an Enterprise AI Kill Switch
CrowdStrike acquired Fiddler AI and Dreadnode for $495M to build an enterprise AI kill switch as autonomous agents become corporate master keys.
Elon Musk Capped Grokbot Because Flat-Rate Inference Broke
Elon Musk capped Grokbot after inference costs outran subscription revenue. Here is why consumer AI platforms cannot subsidize agentic search.
Google AI Search Is Starving Reddit and HubSpot
Google conversational AI mode answers queries in-line, killing referral clicks to Reddit, HubSpot, and Monday.com.
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