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The latest CFTC data shows net long positioning in AAPL futures at a three-month high, signaling strong institutional conviction in the tech mega-cap rally. The firm says that even with a $100 price hike for the iPhone 18, its own discounted cash flow model “remains little changed at [approximately] US$205, or US$800bn below the current market cap.” Crude oil futures were trading higher in the early New York session by 1.00% to hover around $62.88 per barrel. In morning trade, AAPL futures hovered near $183.90 amid optimism about Apple’s AI integration announcements expected next month. Volume profiles show heavier buying in the front-month contracts.
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