U.S. Government and Trump Advisors Criticize Apple Over China Ties
Apple's stock dropped over 1.5% after U.S. government criticism regarding its slow move out of China, amid political pressure to bring manufacturing back to the U.S., which is complicated by high costs. Meanwhile, Apple is investing heavily in AI, acquiring firms like TrueMeeting and WhyLabs to enhance its AI capabilities. Wall Street analysts maintain a Moderate Buy rating on AAPL with a potential upside of about 7.7%.
