Apple
fromFortune
1 day agoThe iPhone 17 is bringing Apple stock back to life-but Wall Street is worried about a catch | Fortune
Apple's stock reached a new all-time high as strong iPhone 17 demand and analyst upgrades drove shares higher.
Just this morning, analysts at Mizuho reiterated an outperform rating on Advanced Micro Devices ( NASDAQ: AMD) with a price target of $275 from $205. All after AMD announced a long-term deal to become a key supplier to OpenAI's AI infrastructure program. AMD added that the new partnership will allow it to generate billions of dollars in annual revenue. It will also allow it to generate over $100 billion in total revenue from chips over the next few years.
Palantir Technologies shares gained 6.43% over the past five trading sessions and have risen 114.59% in the last six months, with a dramatic 1,515% increase since its IPO.