Apple rally fueled by AI promises approaches crucial test ...Middle East

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Apple rally fueled by AI promises approaches crucial test
Apple’s upcoming iPhone release has sent its stock price soaring because of promised artificial-intelligence features. Those gains appear vulnerable, at least in the short term, if history is any guide. The company’s stock typically underperforms after iPhone launches, a cautious precedent when expectations are sky-high and Apple’s share price relative to earnings is quite rich […]

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