Apple Stock Up 15% Since June 25, Adding $600B
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- Apple stock has climbed 15% since June 25, adding nearly $600 billion in market value and pushing shares back to record territory
- The rally comes as investors flee an AI stock selloff, with nervousness about artificial intelligence spending driving the rotation back to Apple Inc.
Why it matters: Apple's roughly $600 billion gain in a matter of weeks shows how concern over AI capex is rotating capital into mega-cap names seen as relatively insulated from the spending race. The irony: Apple — frequently cast as an AI laggard — has reclaimed record highs precisely because it isn't part of the AI trade getting sold.
