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Brokers raise Apple stock targets; Jefferies says XR may be the new AI

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Jefferies analysts highlighted that AI has been "the buzziest of buzzwords" in recent months. However, this may change as Apple prepares to unveil its highly-anticipated extended reality (XR) devices at the upcoming WWDC event.

According to CEO Hock Tan, Broadcom's Q2 results were driven by demand for next-generation technologies from hyperscale, while enterprise and service providers continued to sustain.







DISCLAIMER: Stocks and options trading have large potential rewards, but also large potential risk. You must be aware of the risks and be willing to accept them in order to invest in the stocks and options markets. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy/Sell stocks or options. No representation is being made that any account will or is likely to achieve profits or losses similar to those discussed in this report. The past performance of any trading system or methodology is not necessarily indicative of future results. All trades, patterns, charts, systems, etc., discussed in this report are for illustrative purposes only and not to be construed as specific advisory recommendations. Information contained in this correspondence is intended for informational purposes only and was obtained from sources believed to be reliable. Information is in no way guaranteed. No guarantee of any kind is implied or possible where projections of future conditions are attempted.








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