๐ AAPL rips +3.5% as AI's lowest-capex big tech name shines in chip selloff
Apple (AAPL) is Friday's standout gainer as investors rotate into the stock as a low-capex AI shelter โ filings showed Apple kept $78B in cash after capex vs. Alphabet's $4.3B on nearly equal operating cash flow. BofA expects Q3 earnings to beat when Apple reports July 30. A 3.5% jump on a rough day for tech shows exactly where money is rotating right now. Are you buying AAPL ahead of earnings next week? Not financial advice.
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