Apple Inc. (NASDAQ:AAPL) stock was up more than 2% on Tuesday as investors rotated back into large-cap technology stocks during a risk-on trading session. The Nasdaq gained 1.46%, while the S&P 500 advanced 0.69%.
The rebound follows a sharp selloff last Thursday, when Apple shares fell more than 6%, marking their steepest one-day decline since April 2025.
The drop came after the company raised prices on its Mac and iPad lineup, prompting investors to assess whether Apple can pass higher component costs on to consumers ahead of any potential iPhone price increases.
The stock remains in focus as investors weigh rising memory costs, the possibility of higher iPhone prices, and Apple’s efforts to expand its supply chain by working with Chinese memory manufacturers.
Apple Seeks Relief From Memory Costs
