Apple (AAPL) is out with its fiscal fourth quarter earnings results, and Alexandra Canal and Josh Lipton are here to break down the figures in today's episode of Asking for a Trend.

The programs welcomes D.A. Davidson managing director Gil Luria to expand more upon Apple's iPhone growth and earnings figures, the latter of which was impacted by a one-time charge in relation to a European General Court decision.

Palantir Technologies (PLTR) CTO Shyam Sankar also joins the show to discuss the software company's "The Defense Reformation" report, which provides what many analysts are calling a blueprint to the resurrection of American's defense-focused industrial base.

To watch more expert insights and analysis on the latest market action, check out more Asking for a Trend here.

This post was written by Luke Carberry Mogan.