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Apple's stock jumps 15% in May amid AI growth and Nvidia CEO joins elite Chinese university board

Market News
31 May 2026
Mohd Haider
View Source
Bullish
pluang ai news

Apple's stock surged 15% in May, driven by optimism around its future in AI, particularly the potential of 'agentic smartphones.' Bank of America raised Apple's price target to $380, highlighting this AI opportunity as a key growth driver. Meanwhile, Nvidia CEO Jensen Huang joined the advisory board of China's prestigious Tsinghua University School of Economics and Management, signaling strong ties between tech leadership and academia. These developments underscore Apple's and Nvidia's expanding influence in technology and AI sectors.

More News (AAPL)

Tech and industrial giants drive strong Q2 growth with major revenue and income gains.

Tech and industrial giants drive strong Q2 growth with major revenue and income gains.

In Q2 2026, top contributors to growth included Taiwan Semiconductor Manufacturing, Alphabet, United Rentals, Apple, and Visa. Alphabet’s Google Search and Cloud segments showed robust revenue growth of 19% and 63%, respectively, boosting operating i...

Market News
Bullish
6 hours ago
OpenAI launches $230 Codex Micro keyboard and teases new AI hardware amid Apple lawsuit

OpenAI launches $230 Codex Micro keyboard and teases new AI hardware amid Apple lawsuit

OpenAI has introduced the Codex Micro, a $230 light-up keyboard designed to enhance user control over its AI coding assistant, Codex. The device features customizable keys, a joystick, and a dial to adjust AI agent reasoning, aiming to serve as a com...

Market News
Neutral
12 hours ago
Apple sets strict rules for Maps ads, excluding home services and focusing on physical locations.

Apple sets strict rules for Maps ads, excluding home services and focusing on physical locations.

Apple has released detailed advertising policies for its upcoming Maps ads, set to launch in the U.S. and Canada this summer. Unlike Google, Apple excludes broad categories like home services (plumbing, locksmiths, HVAC) from advertising, aiming for ...

Market News
Neutral
14 hours ago
Larry Page's net worth tops $300B as Alphabet shares rise after Buffett praises Berkshire's investment.

Larry Page's net worth tops $300B as Alphabet shares rise after Buffett praises Berkshire's investment.

Larry Page's fortune surpassed $300 billion following a 3.9% rise in Alphabet shares, boosted by Warren Buffett's acknowledgment of Berkshire Hathaway's significant investment in the company. Berkshire Hathaway initially invested $4.3 billion in Alph...

Market News
Bullish
15 hours ago
State Street's SPYM ETF chosen for Trump Accounts, offering low-cost S&P 500 exposure for newborns.

State Street's SPYM ETF chosen for Trump Accounts, offering low-cost S&P 500 exposure for newborns.

The State Street SPDR Portfolio S&P 500 ETF (SPYM) has been selected as the default investment for the new Trump Accounts program, which provides eligible newborns with a $1,000 Treasury contribution invested in this fund. SPYM tracks the S&P 500 ind...

Market News
Bullish
15 hours ago
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