2 days ago
Apple Stock Rallies as AI Restraint Wins Investor Support
TLDR Apple shares climbed 15% and added nearly $600 billion since June 25. Lower AI infrastructure spending has reduced financial pressure compared with major technology rivals. The company became the best-performing Magnificent Seven stock in 2026. Citi raised its price target to $365 and maintained a Buy rating. Analysts view the foldable iPhone as the [...]
The post Apple Stock Rallies as AI Restraint Wins Investor Support appeared first on Blockonomi.
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