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Benzinga
Benzinga
Business
Daragh Thomas

Apple Intelligence Finally Cleared for China: Here's Which Stocks Are Popping on the News

AAPL Price Action: Apple shares were down 0.95% at $259.24 at the time of publication on Friday, according to Benzinga Pro data.

Apple Inc. (NASDAQ:AAPL) received Chinese regulatory approval for Apple Intelligence on Wednesday, ending a wait that began with the feature’s launch in 2024.

Alibaba Group Holding (NYSE:BABA), whose Qwen model will power the service, rose more than 4% in premarket trading. Apple gained close to 1%.

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