Apple stock jumps as Morgan Stanley names it ‘top pick’ for AI efforts, hikes target to $273

MacDailyNews
Jul 15, 2024, 8:40 am283 pts
Apple stock surged 2% in Monday premarket trading after Morgan Stanley upgraded its stock to a “top pick” and raised its price target. The investment bank sees Apple’s AI advancements driving iPhone sales. Reuters: ‎ In what was seen as a move to catch up with Alphabet’s Google and Microsoft-backed OpenAI, the…

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