Apple's Stock Price Just Exploded. Time to Buy?
When Wall Street is between earnings season cycles, technology stock traders must derive excitement wherever they can find it. (NASDAQ: AAPL) recently delivered a prime example of this as the company presented its latest and supposedly greatest wares at a closely watched tech conference.
In a time when the market's attitude toward artificial intelligence (AI) integration is "more equals better," Apple certainly gave the people what they wanted. At the same time, Apple's success in dazzling the AI-obsessed crowds may have caused investors to ignore a growing threat from the one entity that might actually be more powerful and better capitalized than Apple: the U.S. government.
In case anybody didn't get the memo that Apple is now all AI, all the time, the company debuted its generative AI (gen-AI)-focused Apple Intelligence platform at this year's Worldwide Developers Conference (WWDC). To drive the point home, Craig Federighi, Apple's senior vice president of software engineering, literally said that AI "needs to be integrated into the experience you're using all the time."
Source Fool.com
Apple Inc. Stock
Currently there is a rather positive sentiment for Apple Inc. with 105 Buy predictions and 8 Sell predictions.
With a target price of 208 € there is a slightly positive potential of 3.0% for Apple Inc. compared to the current price of 201.95 €.
