From Financial Modeling Prep: 2025-02-13 06:06:48

Bank of America Securities maintains a “Buy” rating for Apple Inc. (NASDAQ:AAPL) at $236.87, reflecting confidence in the tech giant’s strategic moves and market position.

Apple partners with Alibaba to enhance AI features on iPhones in China, a critical market for the company’s growth and success.

Alibaba’s stock rises by 2.5% following the announcement of its partnership with Apple, signaling market confidence in this strategic collaboration.

Apple introduces Qwen 2.5, an advanced AI model, to compete with Huawei and Vivo in China’s competitive smartphone market.

Apple plans to launch its ‘Apple Intelligence’ initiative in the U.S. after partnering with Alibaba to strengthen its position in China’s tech market.



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