Quick Read

• Apple (AAPL) reported record Q2 FY2026 revenue of $111.18B with iPhone revenue at $56.99B driven by extraordinary iPhone 17 demand, while Services hit $30.976B all-time high; the stock trades at a forward P/E of 33x with a $100B buyback authorized and dividend raised 4%.

• Apple’s 53.98% annual rally and current 37x trailing P/E create valuation headwinds despite 21.8% earnings growth and eight consecutive quarters of EPS beats, with tariff exposure and Greater China dependency presenting risks to reaching $450 by 2028.

• It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started. See for yourself (Sponsor)

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