Positive.

From Nasdaq: 2024-05-27 18:07:00

AI development has fueled a 33% total return in the S&P 500 in the past 18 months, driven by major tech companies like Microsoft, Nvidia, and Alphabet. Apple plans to showcase its AI developments at WWDC, emphasizing data privacy with on-device features. Apple’s use of its own chips for AI may drive sales, app development, and services revenue growth in fiscal 2025. Analysts believe that while Apple’s stock may be approaching an all-time high, its strong earnings growth and strategic moves justify the premium price.



Read more at Nasdaq: 1 Stock to Buy Before It Breaks New Ground in Artificial Intelligence (AI) Next Month