Apple’s stock has been struggling in the first half of the year, weighed down by President Trump’s tariffs and concerns over its artificial-intelligence capabilities. The company faces pressure from investors to catch up with competitors in AI development.
However, recent speculation about an acquisition could be a game-changer. Apple is rumored to be considering buying Perplexity, an AI startup that could help the tech giant boost its AI capabilities.
If successful, this move could not only benefit Apple’s stock but also alleviate concerns about its lagging behind in AI innovation.
Source: https://www.marketwatch.com/story/why-apple-potentially-acquiring-perplexity-could-be-big-news-for-its-stock-4d352b39