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Apple Rises on Upgrade Cycle, AI Rollout Plans

August 6, 2024
in AI & Technology
Reading Time: 1 min read
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Apple shares rose as much as 2.7% on Friday as analysts were optimistic about the company’s iPhone 16 launch and AI rollout plans. Shares were lower in early trading as the company’s sluggish China revenue weighed on an otherwise strong performance. Deepwater Asset Management Managing Partner Gene Munster joins Ed Ludlow on “Bloomberg Technology.”
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