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3 articles summarized · Last updated: LATEST

Last updated: July 31, 2026, 5:30 AM ET

Apple's AI and Wallet Expansion

JP Morgan Apple's price target to $340 due to supply constraints, though the firm remains bullish long-term. Apple plans to cover its AI compute costs for now through, with usage limits tied to user plans. Separately, Apple is preparing to expand its Car Keys feature in Apple Wallet to another Great Wall Motor (GWM) brand, following recent backend code changes.