Exploring The Intricacies Of Apple's Bull Run: A Magnified View Of Its Spectacular Trajectory Towards The Historic $200 Mark

• Apple is making strides in artificial intelligence (AI) by developing an AI-powered chatbot, "Apple GPT".
• The company has a history of integrating machine learning into its products and with "Apple GPT", powered by Apple's proprietary large language model "Ajax", it's set to redefine the chatbot experience. "Ajax" is built using Google's JAX and runs on Google Cloud.
• Thursday's trading session saw the stock price almost reach the important $200 psychological resistance level.

Tech giant Apple Inc AAPL is making waves in the world of artificial intelligence (AI) with its latest project, an AI-powered chatbot known as "Apple GPT".

Despite entering the AI game later than some of its competitors, Apple's strategic timing suggests a meticulous and comprehensive approach to this exciting field.

With its history of integrating machine learning into products like Siri, Apple is well-positioned to push boundaries and revolutionize the chatbot experience.

Apple GPT, powered by Apple's exclusive large language model (LLM) framework called "Ajax", is built on Google's JAX technology and runs on the reliable Google Cloud platform.

Although arriving late to the AI sphere, the company's stock is soaring. The potential for exponential growth is evident, especially when they fully immerse themselves in AI and introduce their own iteration of ChatGPT.

Apple's stock has been on an impressive upward trajectory, surpassing its previous all-time high of $182.94 set in January 2022.

Although there was a minor dip in June, the stock quickly rebounded, finding strong support at the daily 20 simple moving average. This resulted in Apple continuing to soar, carving out new record highs.

During Thursday's trading session, Apple's stock price experienced a significant increase, coming close to the important $200 psychological resistance level before falling short by only $2.

However, the day ended with sellers pushing the closing price down to $195.10.

If Apple's stock price exceeds $200, it could pave the way for the stock to keep rising.

With the increasing interest in Apple's AI initiatives, there is a possibility that the stock will continue its upward momentum for several months before the next significant correction.

Their belated foray into the realm of AI may have initially placed it as an underdog in this fiercely competitive landscape. However, its remarkable stock market performance paints a contrasting picture.

The emergence and potential launch of Apple GPT suggest that the company is gearing up for an exciting race powered by AI, which will undoubtedly enhance its market dominance.

This resilient late bloomer is poised to soar to new heights, undeterred by its delayed start, and more focused on delivering far superior products to the market.

After the closing bell on Wednesday, July 19, the stock closed at $195.10, trading up by 0.71%.