How Apple became an AI stock

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Financial Times 2d ago

How Apple became an AI stock - Financial Times

Quick Summary:

I’m not sure how seriously to take analysts’ estimates for results in three years’ time, as anything other than hand-wavy expressions of enthusiasm or the opposite.

For 2027, expectations for revenue and earnings growth have increased by four and eight percentage points, respectively, since the start of May.This is a lot.

But between what we learned last week about Biden’s mental capacity, and what we learned about France’s political transformation yesterday, I may have to write something about the repercussions of politics for markets before long.