Apple (AAPL) News Today

Apple Inc. (NASDAQ:AAPL) shares have edged higher on renewed optimism around its streaming strategy and supportive analyst commentary, even as legal and regulatory hurdles temper enthusiasm. Below are the key developments moving the stock:

• Positive Sentiment: Apple expanded its global streaming reach by partnering with TuneIn to make its six commercial-free Apple Music radio stations available on TuneIn’s platform, tapping into 75 million active users outside its ecosystem. Reuters: Apple teams up with TuneIn
• Positive Sentiment: Bank of America reiterated its “Buy” rating on AAPL with a $250 price target, underscoring confidence ahead of Apple’s September product event. AmericanBankingNews: Buy Rating at Bank of America
• Positive Sentiment: Billionaire investor Bill Ackman’s Pershing Square added Apple stock to its portfolio, signaling strong institutional demand among “Magnificent Seven” tech names. The Motley Fool: Bill Ackman buys Apple
• Neutral Sentiment: Apple announced its annual special event for September 9, where it is expected to unveil the iPhone 17 lineup, Apple Watch Series 11, and AirPods Pro 3—key catalysts for holiday-season sales. Reuters: Apple to host special event
• Neutral Sentiment: Apple launched the Apple Foundation Program at the College for Creative Studies in Detroit, offering free coding courses and device access, reinforcing its developer ecosystem and community engagement. GlobeNewsWire: Apple Foundation Program
• Negative Sentiment: A German court ruled Apple cannot advertise the Apple Watch as a “CO2-neutral product” in Germany, undermining its sustainability credentials for wearables. Reuters: Apple Watch not CO2-neutral
• Negative Sentiment: Elon Musk’s xAI filed an antitrust lawsuit against Apple and OpenAI, alleging monopolistic practices in AI, which could introduce legal and reputational risks. Yahoo Finance: xAI sues Apple
• Negative Sentiment: Loop Capital lowered its price target on AAPL to $226 from $230 and maintained a “Hold” rating, citing mixed market dynamics ahead of key product launches. Insider Monkey: Loop Capital lowers target
• Negative Sentiment: An analyst warned that Apple’s Siri remains a “mess,” highlighting ongoing software challenges that could hamper its competitive edge in AI and voice assistants. Insider Monkey: Siri risk