Apple's stock dropped 2% after Bank of America warned that Meta's AI shopping agent, Muse, could divert online commerce away from Apple's ecosystem, potentially impacting Apple's high-margin services revenue. Muse can browse sites and complete tasks across platforms like Shopify and PayPal, though Amazon has blocked it. Apple currently lacks similar AI capabilities in its Siri assistant. Despite the warning, Bank of America maintains a Buy rating on Apple, citing its strong user base and privacy focus. Investors should watch for Apple's response on AI features and upcoming earnings for insight into its services business performance.
Apple's market cap stands at $4.94 trillion as of Sep 30, 2026 01:01 WIB, with a 1-day price drop of 2.00% on Pluang. Meanwhile, Meta's market cap is $1.82 trillion, and its stock gained 2.32% in the same period. Alphabet and Microsoft hold market caps of $4.17 trillion and $3.78 trillion respectively, with Microsoft showing a smaller 0.54% decline. Pluang users show a strong buy interest in Apple, with 80% of order activity on the platform favoring buys, reflecting confidence despite the recent dip.
Apple's new CEO John Ternus is considering major changes to speed up product releases and streamline the company by cutting middle-management roles. These changes aim to narrow the gap between engineers and executives, encouraging more experimentatio...
Apple CEO John Ternus is accelerating product development by cutting management layers and moving away from traditional launch schedules to release products more frequently. The company paused plans to automate AppleCare roles with AI but is preparin...
Invesco's S&P 500 Equal Weight ETF (RSP) gives the smallest and largest companies in the S&P 500 equal weight, unlike the SPDR S&P 500 ETF (SPY), which allocates more to the largest firms like NVIDIA and Apple. This approach reduces concentration ris...
Apple's stock price has climbed to $341, surpassing Wall Street's consensus target of $328.22, supported by its robust cash position of $63 billion net cash and consistent earnings beats. The company reported a 16.36% revenue increase to $109.42 bill...
Apple shares have risen over 33% in the past year, and a $1,000 investment today could be worth about $1,621 by 2031 in a base scenario, reflecting a 62% total return. The bull case projects the investment nearly doubling to $1,952, while the bear ca...
