Venus Reade
04-27

$Apple(AAPL)$ The 5-year chart is showing higher highs, and higher lows. Clearly the spike over $200 was irrational exuberance in retrospect due to AI, but the stock should be in the $150-175 range now just based on expected results. The market is forward-looking. "Analysts expect a strong increase in EPS for 2025, with projections suggesting a 36% increase to $5.28 per share".


Mag 7 Earnings Wrap-up: Is AI Boom Still Driving the Market?
Big Tech's earnings season is nearly complete — with only Nvidia left on deck. Among the Magnificent 7, 3 names rallied after their reports, while Tesla, Amazon and Apple stumbled. As earnings wrap up, one question remains: did this quarter reaffirm your faith in Big Tech? Who surprise you the most? Is AI boom still the best theme in stock market?
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