Apple reportedly weighing the acquisition of Perplexity AI could mean a boost for the iPhone maker's shares, according to Bank of America.

Such a deal would help Apple develop an AI-based search engine, part of efforts to cope with the potential loss of a longstanding arrangement with Google.

Bloomberg, 'no comment' dal colosso di Cupertino (ANSA)

Apple reportedly weighing the acquisition of Perplexity AI could mean a boost for the iPhone maker's shares, according to Bank of America.

Apple is one of the greatest stock buyback stories in history. It's time to cut it.

This comes as Apple deals with a series of headwinds that's weighed on the iPhone maker's shares.