Apple Inc. (AAPL, Financial) was the only stock among the "Big Seven" in the U.S. market to close higher, with a gain of 0.32%. The stock price reached $259.02, marking its fourth consecutive day of record highs, and its market capitalization reached $3.915 trillion. During trading, the stock briefly surpassed $260.
Analyst Dan Ives from Wedbush Securities increased Apple's price target from $300 to $325. Ives believes the upcoming iPhone 16 series will serve as a catalyst for a "new golden era" for the tech giant.
