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Barchart
Barchart
Mohit Oberoi

How High Will Apple Stock Go as 'Apple Intelligence' Lifts Sentiment?

Apple Apple Intelligence AAPL WWDC Gene Munster HP Microsoft Nvidia

Apple (AAPL) held its Worldwide Developer Conference (WWDC) last week. While markets shrugged off the keynote last Monday and AAPL closed in the red that day, the stock rebounded the next session to reclaim a $3 trillion market cap. AAPL then soared to a new record high on Tuesday - and amid the continued rally, became the world's biggest company yet again, after having lost the crown to Microsoft (MSFT) in January. 

After the breakout rally in Apple, which - coupled with continued gains in Nvidia (NVDA) - helped to catapult the tech-heavy Nasdaq Composite ($NASX) to record highs last week, news headlines about the iPhone maker are all over the place, and quite literally.

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