Apple’s shares rose 2.5% to a record high on Monday after Morgan Stanley cited the company’s AI efforts as a boost to device sales.
Read More Apple at all-time high after Morgan Stanley calls stock ‘top pick’ for AI effortsTag: iPhone
Wall St mixed as tech stocks attempt recovery, financials drag
Wall Street’s main indexes were mixed on Wednesday, with technology stocks attempting to find a floor after recent selloff.
Read More Wall St mixed as tech stocks attempt recovery, financials dragApple charged with breaching EU tech rules, faces another probe
EU antitrust regulators charged on Monday that Apple breached the bloc’s tech rules, a charge that could result in a hefty fine for the iPhone maker.
Read More Apple charged with breaching EU tech rules, faces another probeAI-powered Apple overtakes Microsoft as world’s most valuable company
Apple shares jumped nearly 4% to a record $215.04, giving it a market valuation of $3.29 trillion.
Read More AI-powered Apple overtakes Microsoft as world’s most valuable companyWall St unsettled ahead of inflation data, Fed meeting
Wall Street slipped on Monday as wary investors steered clear of risky assets ahead of a key inflation reading and a meeting of the Federal Reserve this week.
Read More Wall St unsettled ahead of inflation data, Fed meetingConsumers sue Apple, taking page from US Justice Department lawsuit
AppleĀ has been hit with a flurry of new consumer lawsuits accusing the iPhone maker of monopolizing the smartphone market.
Read More Consumers sue Apple, taking page from US Justice Department lawsuit