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Changes in US stocks | Betting on new smart home entrants, Apple (AAPL.US) rose nearly 2% and increased to 27% during the year
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The Zhitong Finance App learned that on Wednesday, Apple (AAPL.US) bucked the trend at the beginning of the session and rose by nearly 2%. The increase further expanded to 27% during the year, and is now reported at $345.36. According to the news, on Tuesday, Apple released the first smart home display HomeView, while also updating the Apple TV 4K and HomePod mini, and collaborated with LG Electronics and Schneider Electric to launch an Apple Home Collection accessory series covering cameras, thermostats, smart doorbells, and door locks, showing its ambition to further compete for the smart home market through hardware, Siri AI, and ecological integration.

Yorkville Ives gave Apple an “outperforming market” rating, and the target price was $400. The agency sees this launch as a continuation of Apple's new hardware innovation cycle: after the iPhone 18 series and iPhone Duo, smart homes are expected to become an important part of the company's next stage of product innovation.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.
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