Apple Stock Boosts Dow After Strong iPhone Sales
Apple stock (AAPL) is leading the Dow today, up 4.3% to $263.18, following positive iPhone 17 sales in the US.
Analysts at Evercore and Loop Capital have responded with bullish notes, with Evercore adding Apple to its "tactical outperform" list and Loop Capital upgrading its rating to "buy" from "hold".
- Evercore: Apple is "well positioned to report upside"
- Loop Capital: upgraded to "buy" from "hold"
Options traders are showing a bias toward calls
In the last 10 sessions, 4,931,726 calls and 2,449,264 puts were exchanged, with the January 2026 290-strike call being the top trade.
Author's summary: Apple stock rises after positive iPhone sales.
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