Apple Inc. is highlighted as one of the AI Stocks Making Waves on Wall Street by Morgan Stanley. The One Big Beautiful Bill Act is projected to significantly boost free cash flow for companies like Apple by allowing immediate deduction of R&D and capital investment expenses from U.S. taxes. This legislation is estimated to generate over $12 billion in additional cash flow for covered companies in the next year and $20 billion cumulatively over four years. Apple is a prominent technology company known for its consumer electronics, software, and services. While Apple is seen as a solid investment, some AI stocks are considered to have greater potential and less risk. For more information, check out the report on the best short-term AI stock.

Read more at Yahoo Finance: Apple (AAPL) Poised for Major Cash Windfall Thanks to Big Beautiful Bill