Apple (AAPL) and Meta Platforms (META) stocks both jumped Monday, bucking the trend of their Magnificent Seven peers and providing some respite for tech investors amid a steep sell-off in AI and related names following the release of Chinese firm DeepSeek’s new cost-effective AI model.
Apple rose more than 3% Monday, with the iPhone maker regaining its spot as the world’s most valuable company. Meta shares climbed nearly 2%.
In an email on Monday, DA Davidson analyst Gil Luria told…
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