Apple stock surges over 3% on analyst upgrades, China AI approval, and pre-earnings optimism
Apple shares surged roughly 3.53% on Friday, closing at $333.02 after closing the prior day at $321.66. This moved the stock closer to recent record highs and pushed its market cap at $4.891 trillion.
Main drivers
Several factors appear to have fueled the move amid a mixed-to-weaker broader market (with pressure on some chip and other tech stocks):
• Analyst support and price target increases: Multiple firms issued positive notes. Robert W. Baird raised its target to $330 from $310 (O
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