Apple Stock Week Ahead: AAPL Rally Faces CPI, AI and Intel Chip Deal Test
Apple shares traded at $293.32 Monday, near record highs, valuing the company at $4.32 trillion. Investors are watching for U.S. inflation data this week and weighing reports of a preliminary Intel chip deal. Apple recently posted March-quarter revenue of $111.2 billion and raised its dividend. CEO Tim Cook cited strong iPhone 17 demand but noted supply limits and rising memory costs.