Apple Intelligence Could Be Game-Changer | Business and Finance News

HSBC just upgraded Apple to a buy, calling it a turning point where the company can leverage its 2.5 billion devices to power new Apple Intelligence features—while most AI stocks stumble. Analyst Nicolas Cote-Colisson, who previously held the stock, now highlights Apple’s strong product pipeline and raised his price target, as Apple surges 20% since late June and challenges Nvidia for the world’s largest company. Rumors of a foldable iPhone in September could further fuel upgrades, especially with premium pricing offsetting rising chip costs. But not all agree—another firm downgraded Apple this week, warning about demand and valuation, leaving Wall Street split on the tech giant’s next move. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/c10e935536e004d1