Apple shares hit record high as investors seek AI‑hedge

Apple's stock surged to a historic $316.22 on Thursday, posting its all‑time high. The jump was fueled by investors looking for a defensive position amid a wave of AI‑focused investments, treating Apple as a hedge despite the company's relatively low profile in core AI development. Analysts note that Apple's edge‑AI innovations and strong free‑cash‑flow outlook support its appeal as a stable, long‑term holding in volatile tech markets.

The rise outpaced gains in the Nasdaq and S&P 500, underscoring confidence in Apple’s financial resilience as market participants become cautious about capital spending on high‑profile AI firms.