AAPL Stock Recent News

Howard Lutnick, the co-chair of Donald Trump's transition team, says Trump wants to encourage companies to build in the US and pay taxes. He says firms like Apple and Tesla would pay higher taxes under a second Trump administration.

Berkshire Hathaway's 50% divestment of its Apple stake surprised the market but didn't spur panic selling in Berkshire or Apple stock. Warren Buffett has also cut Berkshire's Bank of America stake to below 10%, affording him more flexibility in its disclosure requirements. Berkshire's robust cash reserve of $277B positions it well to capitalize on steep pullbacks and other opportunities in the Japanese markets.

Apple (NASDAQ: AAPL) is making waves again, with shares closing at $233.85 on October 15, up +2.55 (1.10%) for the day.

Dan Pickering, Chief Investment Officer at Pickering Energy Partners joins Bloomberg Intelligence to discuss energy sector and the industry trends. -------- Get more on The Bloomberg Intelligence Podcast On Apple: http://bit.ly/3YrBfOi On Spotify: http://bit.ly/3SPPZ8F Anywhere: http://bit.ly/43hOc0r Follow us on X: https://twitter.com/BloombergRadio Listen on Apple CarPlay and Android Auto with the Bloomberg Business app: Apple CarPlay: https://apple.co/486mghI Android Auto: https://bit.ly/49benZy Visit our YouTube channels: Bloomberg Podcasts: https://www.youtube.com/bloombergpodcasts Bloomberg Television: https://www.youtube.com/@markets Bloomberg Originals: https://www.youtube.com/bloomberg Quicktake: https://www.youtube.com/@BloombergQuicktake

The world's largest company got even bigger Tuesday, as Apple set a new record share price as the Silicon Valley titan enjoys an extended bump from the release of the artificial intelligence-forward iPhone 16.

Apple on Tuesday launched its new generation of the iPad mini packed with AI features including writing tools and an improved Siri assistant, as the iPhone maker races to boost its devices with artificial-intelligence capabilities.

24/7 Wall St. Insights Nvidia Corp. (NASDAQ: NVDA) is poised to overtake Apple Inc.

But a 2027 timeline could give Meta the advantage for years.

Though it hasn't been without its ups and downs, Apple Inc's AAPL stock has effectively been trading sideways since July. In fact, the tech titan's shares closed Tuesday's session at the same price they were just one week before they popped to their last all-time high.

Amit Daryanani, Evercore ISI senior managing director, joins 'Power Lunch' to discuss why he believes sentiment on Apple is too bearish.