Reported 3 days ago
Apple and Meta Platforms saw significant stock increases on Monday, countering a market downturn triggered by the introduction of a new AI model from DeepSeek. Apple's shares rose over 3%, reinstating its position as the world's most valuable company, while Meta's stock climbed nearly 2%. Analysts suggest Apple's positive response to industry changes will enhance its AI product offerings, as Meta plans to invest heavily in AI development, despite wider losses in AI-related stocks such as Nvidia.
Source: YAHOO