Get all your news in one place.
100's of premium titles.
One app.
Start reading
International Business Times
International Business Times
Business
Litty Simon

Apple Shares Soar To Record Levels With AI Platform Launch

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.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.