Apple Stock Reaches Record High Following Wall Street's Confidence Boost

Reported about 19 hours ago

Apple's stock hit an all-time intraday high of $260 thanks to a bullish report from Wedbush analyst Dan Ives, who raised the price target to $325 and predicted a significant growth phase driven by AI in 2025. Despite challenges earlier in the year, Apple's fourth quarter results surpassed expectations, and the stock has rallied over 11% in the past month, nearing a $4 trillion market cap. Analysts remain optimistic amid macroeconomic uncertainties, including potential impacts from tariffs and inflation.

Source: YAHOO

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