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HSBC Raises Price Target 40%, Citing Operational Turning Point

HSBC Raises Price Target 40%, Citing Operational Turning Point

TradingKey – In early U.S. trading, Apple ( AAPL )’s market capitalization briefly surpassed Nvidia’s ( NVDA ), becoming the world’s most valuable company.

Nvidia’s stock price fell as much as 3% in early trading, with its market capitalization dropping to approximately $484 million, while Apple’s market capitalization hovered around $4.88 trillion. Subsequently, both companies’ share prices rebounded. As of press time, Nvidia’s decline narrowed to around 1.5%, with its market cap at $4.95 trillion, while Apple rose slightly by 0.08%, bringing its market cap to $4.9 trillion.

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Source: TradingView

Apple has risen 23% so far this year, with a 15% gain this month alone, making it the most outstanding performer among the Mag7. It has…

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