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Apple Rallies Most in 18 Months

Apple shares jumped the most in almost a year-and-a-half after the company posted stronger-than-expected sales last quarter and predicted a return to growth in the current period, sparking optimism that a slowdown is easing. Deepwater Asset Management Managing Partner Gene Munster joins Ed Ludlow on “Bloomberg Technology.” ——– Like this video? Subscribe to Bloomberg Technology…

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Apple shares jumped the most in almost a year-and-a-half after the company posted stronger-than-expected sales last quarter and predicted a return to growth in the current period, sparking optimism that a slowdown is easing. Deepwater Asset Management Managing Partner Gene Munster joins Ed Ludlow on “Bloomberg Technology.”
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3 Comments

3 Comments

  1. @jonathanlaue3460

    May 3, 2024 at 3:54 pm

    This is by far the best example of the stupidity of traders and uninformed investors. Stocks pop temporarily on hype. Stocks grow over the long term based on continued company growth due to performance. Apple is no longer one of those companies. Tim Cook has gone woke and Apple will go broke. Change it’s leadership.

  2. @davidwalsh9807

    May 3, 2024 at 6:32 pm

    Apple should get Siri to the level of the R1 Rabbit. Integrate a new AI chip in a new iPhone to process the information fast. The charge a subscription for an Apple AI AGENT boom ???? the stock will explode

  3. @coolisfoolable

    May 5, 2024 at 8:17 am

    apple dropped the ball on the AI hype train, let’s all agree on that.

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