AAPL up 0.24% in pre-market to $272.48 amid softer CPI data and positive futures

Equity futures were significantly boosted and rate hike fears eased after the November CPI report showed inflation rising only 2.7% year-over-year, falling well below the 3.1% forecast.

• The positive inflation data immediately boosted equity futures, with the Nasdaq 100 (NQ) rising 1.40%.
• Apple is trading higher in pre-market at $272.48 (+0.24%), recovering from the prior day's market-wide tech sell-off.
• The stock is following broader market sentiment, despite recent analyst upgrades (Evercore ISI to $325, Citi to $330) citing long-term potential in Siri 2.0 and the iPhone 17.