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Over on Google Finance AAPL, the price has remained firmly above support at $169 despite geopolitical tensions weighing on global equities. This resilience bolsters predictions for a breakout if Q2 product launch timelines remain intact. Her third concern surrounds the dealmaking behavior for GenAI leaders that she says points to an increasing search for new customers, such as Oracle’s pledge to build “compute capacity” for OpenAI, funded by debt financing. Demand for Apple’s AAPL new phones has been hotter than expected, leading to higher expectations for next year’s iPhone 18 and the overall device upgrade cycle — which Jefferies analyst Edison Lee thinks will be tough for the company to meet. On Friday, Lee downgraded Apple’s stock to underperform from hold, arguing that investor expectations for Apple’s future products had become too inflated. Viewing Google Finance AAPL over the past month, the stock has outperformed the S&P 500 by roughly 2.4%. Sector correlation studies suggest continued relative outperformance if current AI-related optimism persists in the tech industry.