Apple (AAPL) saw a modest gain, trading at $278.50 (+0.94%), participating in a strong market rebound despite having no company-specific announcements today.
- The gain occurred as the broader market rebounded significantly, with the S&P 500 up 1.77% and the NASDAQ climbing 2.05% following easing AI capital expenditure fears.
- AAPL demonstrated relative resilience, outperforming peers like AMZN (-8%) and GOOGL (-0.5%) amid ongoing concerns regarding the Mag7 AI spend.
- The stock's prior rally was driven by a strong Q4 2025 earnings beat, including 23% iPhone growth and a China rebound, though supply constraints loom.