Episode Transcript
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Speaker 1 (00:00):
Apple shares have a United investor enthusiasm this week, closing
at two hundred twenty dollars and three cents United States
currency on August seventh, a single day jump of just
over three percent. What makes this move even more notable
is the trading volume about eighty eight million shares traded hands,
which is roughly sixty three percent above Apple's normal three
(00:20):
month average, with a turnover of nearly nineteen point eight
billion United States dollars, ranking third in overall market activity.
The elevated liquidity aligns with intense interest sparked by the
latest news. The past few days have delivered plenty for
investors to digest. Apple wound up exempt from a planned
one hundred percent semiconductor tariff following a pledge to add
(00:43):
one hundred billion dollars to domestic manufacturing. This brings the
company's total United States investment commitment to six hundred billion
dollars over the next four years, a sweeping initiative that
focuses on chip production, glass manufacturing, an expanded research capacity
within the US. Not only does this move shore up
(01:03):
Apple's supply chain resilience, but it also removes a significant
cloud of uncertainty regarding tariffs impacting technology firms. Wall Street
analysts responded quickly, with ratings and price targets trending upward.
Wells Fargo affirmed its overweight stance with a price target
of two hundred and forty five dollars, while Evercore ISI
(01:24):
maintained its outperform rating and suggested a target of two
hundred and fifty dollars. The average twelvemonth analyst price target
now sits just above two hundred and thirty three dollars,
suggesting a near ten percent upside from the current price.
Some forecasts and vision gains closer to eight to nine
percent by year end, with top targets reaching as high
(01:45):
as two hundred seventy five dollars. Technical analysts are watching
Apple's price magnet zone between two hundred thirty eight dollars
and two hundred fifty one dollars, with profit taking likely
to occur near two hundred forty eight dollars to two
hundred fifty five dollars. If momentum persists, the company's long
term bullish structure could attract continued support. Investors remain keenly
(02:07):
aware of potential risks such as slower iPhone sales or
ongoing legal and regulatory investigations. But Apple's robust product sickle
large cash resources, and expanded US footprint have stoked optimism
for further growth as the holiday season approaches. As of today,
Apple stands at the front line of technology sector momentum,
(02:29):
fueled by policy relief, aggressive investment, and expert conviction.