Apple shares reached an all-time high, nearing a $4 trillion market valuation, driven by strong iPhone 17 sales in China and the U.S. Shares rose 4.2% to $262.9, making Apple the second most valuable company globally. Evercore ISI added Apple to its Tactical Outperform List, expecting a strong performance this quarter. Apple’s new iPhone lineup, including the iPhone Air, has maintained steady prices amid tariff concerns. The company’s stock has rebounded since August, with a promising outlook for future earnings. Apple will announce quarterly earnings on October 30, with a potential significant jump in stock value.

Read more at Yahoo Finance: Apple nears $4 trillion valuation as shares surge on strong iPhone 17 demand