
Apple's stock surged to a record high Tuesday, reaching a new peak after the company unveiled its AI platform, Apple Intelligence. The stock jumped 7% to close at a record high, marking its best single-day performance since November 2022, as reported by Yahoo Finance.
D.A. Davidson managing director Gil Luria praised Apple's introduction of unprecedented AI capabilities, upgrading the stock to Buy from Neutral and raising the price target to $230 from $200, as reported by Yahoo Finance.