Apple (AAPL) unveiled its artificial intelligence (AI) strategy on Monday, and by the looks of it, the market is warming to the product suite.
Apple stock popped to a new all-time high above $205. Former all-time high for
price target to $230. Apple unveiled its artificial intelligence strategy on Monday, and by the looks of it, the market is warming to the product suite. Apple stock advanced more than 6% on Tuesday morning to an all-time high above$205. This surpassed the December 14, 2023 high of $199.62. This has pushed the tech-heavy NASDAQ up 0.17% at the time of writing, while the S&P 500 retracts a similar percentage and the Dow Jones gives up 0.5%.
stock is once again in overbought territory at 72 on the Relative Strength Index , but this has been the case, off and on, for about fiveweeks. While jumping here is probably ill-advised, a pullback is unlikely until
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