Tesla, CarPlay and Apple
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Apple Inc. (NASDAQ:AAPL) is one of the Trending AI Stocks on Wall Street. On November 10, Jefferies reiterated the stock as “Hold,” stating that its checks show Apple’s iPhone volume has likely peaked.
Apple’s restrained AI spending—$14 billion versus Microsoft’s $94 billion and Meta’s $70 billion—is emerging as an advantage as investors scrutinize massive tech spending. The iPhone maker’s stock is outperforming Big Tech rivals as investors seek a more defensive investment amid concerns about returns on massive AI capital spending.
Apple Inc.'s iPhone 17 sales outpace iPhone 16 with strong margins. Click for my updated look at AAPL stock prospects following its fiscal Q4 earnings.
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Apple (AAPL) Forecasts Best Holiday Quarter Ever With Double-Digit iPhone and Services Growth
Apple Inc. (NASDAQ:AAPL) ranks among the best long-term stocks to buy according to D. E. Shaw. Following Apple Inc.