CMB Stock News Of The Day 📰🗞️🗞️📈📉

“Apple Reaches Record High as iPhone 17 Optimism and Analyst Upgrade Fuel Momentum“🚨🚨🚨

Apple shares surged to new heights today, briefly touching an intraday all-time high of $260.39 before settling slightly lower. The rally came on the heels of a Loop Capital upgrade, which raised Apple’s price target to a Street-high $315, citing renewed momentum in iPhone sales and growing optimism around the upcoming iPhone 17 lineup.

The milestone marks Apple’s first new record since December 24, 2024, when the stock closed at $259.02, capping off a strong holiday season. This latest jump reflects investor confidence that the world’s most valuable company is regaining its growth footing after a sluggish 2024.

According to analysts, iPhone revenue — which had been under pressure due to softer global smartphone demand and competition from Huawei and Samsung — is now expected to return to growth in both 2025 and 2026. Early supply chain checks suggest healthy preorder activity for the iPhone 17, driven by strong interest in Apple’s latest camera innovations, battery improvements, and rumored AI integration across iOS.

Beyond hardware, investors are also bullish on Apple’s expanding services and AI ecosystem, including Apple Intelligence — the company’s new on-device AI suite announced earlier this year. The feature is expected to deepen user engagement across iPhone, Mac, and iPad devices, potentially boosting revenue per user and services margins.

Despite broader market volatility and ongoing regulatory scrutiny in the U.S. and Europe, Apple continues to prove its resilience. With today’s rally, the company’s market capitalization once again edges closer to the $4 trillion mark — a milestone that cements its dominance not just in tech, but across global markets.