Apple’s earnings beat and bullish iPhone 17 guidance triggered a sophisticated options strategy targeting $300 by year-end. The risk reversal trade reveals how institutional investors are positioning for Apple’s comeback story.
Investment firm Evercore has increased Apple’s price target to $300, marking the third raise in just over a month. The bullish outlook comes despite significant tariff costs and reflects confidence in iPhone 17 demand and upcoming Apple Intelligence features.
Apple CEO Tim Cook has confirmed the long-awaited AI-powered Siri won’t arrive until 2026, a full two years after its initial announcement. The delay reveals deeper challenges in Apple’s artificial intelligence strategy and execution. Here’s what this means for Apple’s competitive position.
