HeadlinesBriefing favicon HeadlinesBriefing

Apple News 8 Hours

×
1 articles summarized · Last updated: LATEST

Last updated: May 16, 2026, 8:37 AM ET

Apple Shares Hit $300 Record

Apple shares closed above $300 for the first time on Thursday, marking a new all-time high as investors shrugged off concerns over the company's slower AI ambitions and instead rewarded stronger-than-expected earnings and a 26% jump in Services revenue, while a fresh $100 billion share buyback program signaled confidence in the company's long-term cash generation.