Here are the biggest analyst moves in the area of artificial intelligence (AI) for this week. Wedbush analysts said recent Asia supply chain checks indicate stabilization for Apple’s iPhone, which has been grappling with a slowdown in sales for months. In their note, the investment firm raised its price target for Apple's (NASDAQ:AAPL) stock from $250 to $275, noting that the stabilization is a very positive sign as the company approaches a significant iPhone 16 upgrade cycle.
Nvidia is clearly a bellwether for not just the tech sector, but the global economy. The Dow is weighted by price, not market capitalization. UnitedHealth with a stock price around $517, is the biggest component of the Dow, with a weighting of about 8.6%.
It is hard to get excited after looking at Intel's (NASDAQ:INTC) recent performance, when its stock has declined 30...