Apple Rebounds: Can Patent Verdict Overhang Clear?
Apple advanced 2.13% to $258.90, recovering the prior session's decline triggered by an adverse Xiao-I patent ruling as broad market strength provided sentiment cover. China IP risk and tariff cost pressures remain unresolved, though the ceasefire rally has temporarily suppressed the negative narrative.
With the dual headwinds of a Chinese IP ruling and tariffs, how long will Apple's valuation recovery take?