Apple, GameStop, and First Solar experienced diverse market reactions on Tuesday as investors grappled with the implications of artificial intelligence advancements, meme stock resurgences, and analyst upgrades.At Apple’s Worldwide Developers Conference 2024, the company unveiled a suite of new AI features, including enhancements to Siri, integration with ChatGPT, writing assistance tools, and customizable emojis.
The company raised $933 million by selling 45 million shares and plans to sell another 75 million shares potentially worth $1.9 billion. The company has also seen various upgrades from other analysts, with target prices ranging from $268.00 to $320.00. First Solar’s stock price was trading up 4.7% at $279.80 following the upgrade.
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