Apple shares rise 3% after analyst upgrade

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Third teenager charged with second-degree murder | SaltWire #newsupdate #news #halifax #police - Shares in Apple Inc were up 3% on Monday after a well-known analyst at Bernstein Societe Generale Group upgraded the stock to an"outperform" rating, pointing to the prospects for phone replacement phone sales with help from generative artificial intelligence updates.Apple was on track for its biggest one-day gain in roughly two weeks.

And Sacconaghi wrote that"replacement cycle tailwinds and incremental generative AI features set up Apple well for a strong iPhone 16 cycle."

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