Apple's AI Push Propels Stock to New Heights

Apple's shares reached a record high after Morgan Stanley hailed the company's AI efforts as a game-changer. The tech giant's stock surged 2.5%, hitting $236.30 and securing a market value of $3.62 trillion, making it the world's most valuable company. With the introduction of Apple Intelligence, a move to rival Google and Microsoft's AI initiatives, customers are enticed to upgrade their devices to access the cutting-edge technology. Analysts predict a surge in iPhone and iPad sales, with nearly 500 million iPhones projected to be sold in the next two years. This boost in device sales is expected to drive Apple's market dominance alongside Samsung in the global smartphone market recovery. The stock's price target was raised to $273 from $216, with an average rating of "buy" and a median price target of $217. Apple's innovative strides in AI technology are positioning the company for continued success in the tech industry.

Musk's Political Donation Raises Eyebrows
Elon Musk's donation to a political group supporting Donald Trump has sparked controversy. The billionaire's support for the rival presidential candidate comes amidst his public criticism of President Joe Biden's policies. While Musk has not formally endorsed Trump, his donation to America PAC, described as "sizeable," has raised questions about his political affiliations. Musk's outspoken views on various issues, including immigration and electric vehicles, have garnered mixed reactions from consumers. Despite his endorsement of anti-semitic comments on social media, Musk denies being anti-semitic. The impact of his political stance on his business ventures remains to be seen, as consumer sentiment shifts in response to his public statements.