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Benzinga
Benzinga
Business
Anusuya Lahiri

Apple Is The Most Underappreciated AI Mega-Cap, Analyst Says

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Apple Inc (NASDAQ:AAPL) stock gained almost 3% on Wednesday as buyers lean into large-cap strength despite a softer tape in Technology. The Nasdaq is up 0.13% while the S&P 500 has gained 0.53%, even as the Technology sector is down 0.6%.

The Big Tech giant is balancing regulatory changes in Europe, shifting investor enthusiasm around artificial intelligence and rising hardware costs as investors weigh near-term pressures against the company’s potential to build a stronger personalized AI business.

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