We recently published a list of 10 AI Stocks Surging on News and Ratings. In this article, we are going to take a look at where Apple Inc. (NASDAQ:AAPL) stands against other AI stocks surging on news and ratings.
According to Daniel Ives, global head of technology research at Wedbush Securities, the US- China agreement is once again creating a bull market environment for tech.
“If you are a tech investor, this is a dream scenario,” Ives noted on CNBC’s “Worldwide Exchange.”
On Monday, the U.S. and China announced that they would temporarily reduce tariffs on each other for 90 days. Following the news, Wall Street’s three major indexes surged sharply on the same day, with the S&P 500 marking its highest level since early March.
READ ALSO: 10 AI Stocks in Focus Amid U.S.–China Tariff Pause and 10 AI Stocks Making Moves This Week
The U.S. said it will cut tariffs imposed on Chinese imports to 30% from 145% while China said it would cut duties on U.S. imports to 10% from 125%. Investors saw this as a big positive surprise.
“It’s a relief rally because there was a lot of anxiety and angst about tariffs between the U.S. and China. They are going to scale it down to much more reasonable levels so the fall-out from tariffs will probably be more manageable and limited.”
-John Praveen, managing director at Paleo Leon in Princeton, New Jersey.
“No one had these low China tariff rates on their bingo cards. This is a big positive surprise. Risk remains that tariffs go back up from current levels as the pauses end, though taking worst-case scenarios off the table is reassuring.”
-Jeff Buchbinder at LPL Financial.
Unfortunately, the rally in US stock futures paused as investors focused on a key inflation report and lingering economic concerns.
“The challenges are not over. The de-escalation was a lot stronger than even the best hopes, but you have to remember that the US economy still faces average of effective tariffs of more than 13%.”
-Frederique Carrier, investment strategy head at RBC Wealth Management.
For this article, we selected AI stocks by going through news articles, stock analysis, and press releases. These stocks are also popular among hedge funds. The hedge fund data is as of Q4 2024.
Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter’s strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (see more details here).
A wide view of an Apple store, showing the range of products the company offers.
Apple Inc. (NASDAQ:AAPL)
Number of Hedge Fund Holders: 166
Apple Inc. (NASDAQ:AAPL) is a technology company known for its consumer electronics, particularly its iPhone and MacBook product lines. On May 13, the company unveiled new accessory features set to come later this year. From its Accessibility Nutrition Labels offering detailed information for apps and games on the App Store to the new Magnifier app for Mac for users who are blind or have low vision, these new features will allow technology to be easily accessible to everyone. Other announcements that have been revealed by the company include Accessibility Reader, a system-wide reading mode, along with updates to Live Listen, Background Sounds, Personal Voice, Vehicle Motion Cues, and more. The company is leveraging the power of silicon, along with innovations in artificial intelligence and on-device machine learning, to achieve new levels of accessibility for its users.
“At Apple, accessibility is part of our DNA. Making technology for everyone is a priority for all of us, and we’re proud of the innovations we’re sharing this year. That includes tools to help people access crucial information, explore the world around them, and do what they love.”
-Tim Cook, Apple’s CEO.
Overall, AAPL ranks 4th on our list of AI stocks surging on news and ratings. While we acknowledge the potential of AAPL as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. There is an AI stock that went up since the beginning of 2025, while popular AI stocks lost around 25%. If you are looking for an AI stock that is more promising than AAPL but that trades at less than 5 times its earnings, check out our report about this cheapest AI stock.
READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.
Disclosure: None. This article is originally published at Insider Monkey.
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