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Apple Shares Surge πŸ“±ALPN VERA πŸ“ˆ KMX GL πŸ“‰

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flowbank.com

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research@flowbank.com

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Fri, Apr 12, 2024 06:32 AM

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FlowBank's hand-curated fresh financial news Apple Shares Surge Amidst AI Optimism Apple shares incr

FlowBank's hand-curated fresh financial news [header_noDither] Apple Shares Surge Amidst AI Optimism Apple shares increased by 4.3% to $175.04, marking their best day since May 2023, buoyed by a broader tech rally particularly among AI-focused companies. The overall positive sentiment was supported by a rise in the Nasdaq Composite by 1.77%. Despite a year-to-date decline of over 5% in Apple's stock, optimism is growing among hedge fund investors according to JPMorgan analysts. This is partly attributed to the potential AI-driven growth, with forthcoming AI features in products and a new cycle of iPhone sales anticipated in 2026. Additionally, Apple is reportedly developing new Macs with advanced M4 chips to further capitalize on AI technology. WHAT'S MOVING [Group 1742 (66)-1] [Start Trading](113/cXx8Z04/VW9PPJ7K_Cl6W334NBf3qzY4dW1FPBGm5cPzHVN3Lg88g2-ZVTW6N1vHY6lZ3nMW2pq3TG1-1F5nW6Fc52P3TlyZ-W3YYTrk1CrK8vN8dSdz5KryFlVSPd_t2SYFzwW6WcWB21W-w74W2GD1B-378H0qW2PnGyD7qJ6y4W5FZ9Yv5xnXWrW6869nm4tx1fMW3r2LrT8WHKM2W4DCSMb27673pW4fN-k92PQNwMW56sQq7104x6WW5HKdTj3c6fnkN5qkZFfJ4c2LW3vPPxg2gQK_zVfz_VR8GYz21W2Y2chp3HtsZYW1pDNzK4l8w1jN3zsq-FtxL7KW7wMQ_Q3yDcLPf2vDGr204) [Group 1753 (15)] TikTok Venture capitalists urge U.S. Senate to pass a bill requiring TikTok's divestiture, labeling the platform a national security threat. [Group 3 (64)-1] Fanatics Fanatics plans a major sports and entertainment festival in NYC, featuring stars like Tom Brady and Derek Jeter, to merge sports fandom with cultural influences and create new revenue streams. [Group 1754 (15)] Amazon Amazon CEO Andy Jassy criticizes regulators for blocking the $1.7 billion iRobot acquisition, suggesting a bias favoring Chinese firms over Amazon. WHAT'S COMING UP? EUR: Eurogroup Meetings ALL: CFTC speculative net positions IN OTHER NEWS Wall Street Stock futures were stable Thursday night, with traders anticipating upcoming earnings from major U.S. banks. The Nasdaq closed up 1.68% at a record high, the S&P 500 rose 0.74%, and the Dow edged down 0.01%, marking its fourth consecutive day of losses. [Group 1769] Europe European markets ended lower on Thursday after investors reacted to the European Central Bank's decision to hold interest rates steady, intensifying talk of a future cut. The Stoxx 600 index fell 0.4%, with major bourses and most sectors, including banks which dropped 2.4%, closing in the red. MARKET INSIGHTS All Eyes On US CPI, ECB Policy Meeting This week holds pivotal importance for markets, as a plethora of data releases and events are poised to significantly influence the trajectory of monetary policies set by major central banks. [Read more](113/cXx8Z04/VW9PPJ7K_Cl6W334NBf3qzY4dW1FPBGm5cPzHVN3Lg87H2-ZVTW5BW0B06lZ3pdW811C7q8gG-02W1HK26D4Jtt6FW2VtsvR4ZcgvMW7Q5k653QPQbrW5Ylfr99dxhGmW9dJSNg7M8wrZW2RYz4S6kSY-8W5c9R4M5_cC4GW8M72fY2czvT6W8-t8BW2wfJvxW8Mb5qm6rlBBDW83wdsM8kx0mPVJskG_3DYVQ4W2h9p3y7rTY1BW1flmrm6JXPg0W1-V-hG17Wm9jW7RJJFL54tl3cW8K1P3M9jmFJYf428RM004) Please note that due to market volatility, some of the prices may have already been reached and scenarios played out. The information above is not investment advice. [flowbank-logo-2022-green-3] [Facebook](113/cXx8Z04/VW9PPJ7K_Cl6W334NBf3qzY4dW1FPBGm5cPzHVN3Lg87H2-ZVTW5BW0B06lZ3k-W736x5B3gBYcWN50nPp39MFX0W7v494-1dNyRqW5pG1fk5n01Q_W45GvCZ75zFnwW25cXLb91MRd5N3C18Gsd_CMJW7CS3G51-7z_tW1_ZGxr6XH4K0W146cxF1h6nr3W4l5vG45P7_MwW4WfQP79g34Y-W6_KTsG2NyZGHW5hGjDc3_21gjW1yPRTZ3msnMcW8z4L2391mk3DW5pL5Sw3fJ_PzW4W-Kjk50N2chf2VZ1W404) [LinkedIn](113/cXx8Z04/VW9PPJ7K_Cl6W334NBf3qzY4dW1FPBGm5cPzHVN3Lg87H2-ZVTW5BW0B06lZ3n-W7RwQfW6bnPbMW5RY8Q94JkdLsW8jcn5w5j0kMYW5WLsVP3R33khW8lfr4f5Nkr2_W6gP5FS86DYQcW3LwTk-6tdR09W1LLfLd1fSRZzW5jlc5P3QSk2hW95DNzV36kl3dW6ltJvh92nx9jW1B8qJT33VYXnW731Tz835z4ggW7p6RG55MtzqjW1XyD_94DVPsjW8xy4qY6-k3FBW3HqN0M7kcW35W7myP6_1d0-WRdD0ckg04) [X](113/cXx8Z04/VW9PPJ7K_Cl6W334NBf3qzY4dW1FPBGm5cPzHVN3Lg87n2-ZVTW50kgx26lZ3pJV9SKFF7XVFsvN8MZsgB_JC1WW2sq-6r2j9yY3W7yhj4J1nT4rhW3Cd1Zc96gsStW4CNWxC3H2zGkN6TgFg7PGL6YW5wV7225cT4QhN8k8ygKSpzDkW72n5jD54phzwW92VC4n1L9P8vN2T4qPS9z35rN5n589J_XFgVN6kDt0nQMBnjW8QDjjb2n4yhzW2YMWrD2cxHhJf2SM2rg04) [Instagram](113/cXx8Z04/VW9PPJ7K_Cl6W334NBf3qzY4dW1FPBGm5cPzHVN3Lg87H2-ZVTW5BW0B06lZ3n5N7rmnrW1zFPJW5-NDV56zzv3XN8JZg7Py2wbXW3Ht3dl8Njxp2W6HXCHW7QfYrMW3HxjFl3prs0dVlmnY03KBd5LW5n1pgd2bVGgVVqMvs94BZwnrN2lN_41xVKwqW1y89pl12F7dHW7g44p512sSS_VTlm9C3L1PDkW8fYnTb2gQZb0W3DT5Vg7HJnH3W1VkC1-2ytT6LW7BnJ_T29pl93W68L1y06SwgyPf72SQFj04) [YouTube](113/cXx8Z04/VW9PPJ7K_Cl6W334NBf3qzY4dW1FPBGm5cPzHVN3Lg87-2-ZVTW69sMD-6lZ3nnW33snmz2bgb4DW6KPPrf2crdmNW4qlQT65qlKZzW4KT2r31D35QPW3WYnJc8YYHyWW3WyLWs2CsBQQW6CKnNP64FdYmN5TBw7lmVnm3W7wwmbk6JwRV3W33v2GX3Fb_rlW6qS4YS7JgjslN1fJGDFCy894W7VHZHL7zF0_sW1ByNfR6_dKNVW7bDNB77X7xFqW3qQZ4f83Z_7gW8yn-Fs4qdkVqW3PR-LB8YNc71N2r6mCvjMcCBVjQP7y4lrf45f6FfJlM04) FlowBank SA, Esplanade de Pont-Rouge 9, P.O. 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