Apple’s valuation is bouncing back, with a pre-market surge of up to 7%! Key drivers:
Tariff fears are fading—today’s US-China trade talks went super well, basically scrapping those hefty tariffs both sides slapped on. Since Apple’s got tons of production in China, this is a huge win.
New iPhones usually drop in September, and price hikes could kick in by then. Analysts say if US inventories (about 2-3 months’ worth) run dry, prices might go up even sooner, like June.
Bullish vibes? Time to buy!
Same deal with Tesla—lots of its production is in China too, and its stock’s up 8% pre-market!
$Apple(AAPL.US)$Tesla(TSLA.US)
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