Apple shares just had their best day since last May
Publishing timestamp: 2024-04-11 16:38:30
Summary
Apple shares climbed 4.3% on Thursday to $175.04, best day since May 5, 2023. JPMorgan analysts predict strong iPhone sales cycle in 2026 due to AI features. Apple preparing new Mac laptops with next-gen "M4 chips" emphasizing AI. Hedge fund investors warming up to AI upgrade cycle. Tesla shares down 34% this year, doubts over return to form.
Sentiment: MIXED
Keywords: tim cook, breaking news: technology, jpmorgan drn, business, apple inc, technology, iphone, mobile, business news,
Source: https://www.cnbc.com/2024/04/11/apple-stock-just-had-its-best-day-since-last-may-.html