Yahoo Finance | EN590 Commodities
EN590 Commodities GroupShipping / Logistics 2026-07-22T17:08:06+00:00
Against the current backdrop of well-known tech companies trading below their all-time highs, we have the Teflon tech stock of 2026: Apple (AAPL). Apple's impressive run this year on the stock charts has pushed up its valuation by multiples that are light-years removed from its 10-year average — despite the company waving goodbye to proven CEO Tim Cook and not being included in the AI revolution discussion to a significant degree. AlphaSpace insight:Apple's stock has gained a solid 20.3% this year compared to a 9.7% advance for the S&P 500 (^GSPC). A good chunk of that gain has occurred in the past three months, to the tune of 19%. The vibe on Apple, in our view, has been that investors have seen it as more of a safe-haven tech name. While the hyperscalers such as Oracle (ORCL) and Meta (M

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25+ years in mineral exploration and extraction. 15+ years of global commodity trading. Based in New York, USA serving 75+ countries.