Apple’s AI Ambition Fuels Record Stock Rally

Apple Inc. has delivered a powerful reminder that its growth narrative remains firmly intact. Investors, buoyed by historic financial results, are now focusing on the company’s next major strategic initiative: weaving artificial intelligence throughout its vast ecosystem. A confirmed collaboration with Google has injected fresh optimism into the market’s outlook for the tech giant.

The current wave of enthusiasm is primarily driven by Apple’s move into next-generation technology. Market experts from Bernstein SocGen and Bank of America, who have reaffirmed their “Outperform” and “Buy” ratings respectively, identify the AI strategy as holding the greatest potential.

At the core of this strategy is the newly confirmed Read more...