Apple stock jumps as Goldman flags App Store spending pickup, keeping AAPL in focus
Apple shares rose 2.5% to $276.15 in early Wednesday trading, rebounding after a recent slide. Goldman Sachs kept its $330 price target, citing a 7% year-over-year jump in January App Store spending. The stock remains volatile as investors weigh AI disruption and regulatory scrutiny. Apple will pay a $0.26 dividend per share on Feb. 12 to holders on record by Feb. 9.