BofA Securities reiterates buy rating on Apple stock, sees several potential benefits to mooted Perplexity acquisition

MacDailyNews
Jun 25, 2025, 9:09 am215 pts
Apple is reportedly in discussions to acquire AI startup Perplexity. Bank of America Securities (BofA) suggests this move could boost Apple’s stock, which has declined precipitously this year. Christine Ji  for Business Insider: ‎ Apple has been the worst-performing Magnificent Seven stock in 2025, with…

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