Apple approaches $4 trillion valuation as investors bet on AI momentum

By X-blogger - on December 24, 2024

Apple is closing in on a historic $4 trillion stock market valuation, powered by investors cheering progress in the company’s long-awaited AI enhancements to rejuvenate sluggish iPhone sales. The company has pulled ahead of Nvidia and Microsoft in the race to the monumental milestone.

Apple’s stock made a minor downwards correction in the last session, falling 0.2%. According to the CCI, we are in an overbought market.
Support: 251.16 | Resistance: 257.68

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