Live Roundups Editor's Desk Insights Executive Ops Weather About 🔍
Home › Technology › Apple Upgraded to Buy by HSBC on Agentic AI, Hardware Pipeline
Technology

Apple Upgraded to Buy by HSBC on Agentic AI, Hardware Pipeline

Bloomberg Markets Friday 17 July 2026, 12:17 UTC By Ryan Vlastelica 1 min read
Key Points

Apple Upgraded to Buy by HSBC on Agentic AI, Hardware Pipeline Apple Inc. was upgraded to buy at HSBC Holdings Plc on Friday, in the latest reflection of how Wall Street is increasingly positive on the iPhone maker’s position in a market where many trades related to artificial intelligence have been faltering. Analyst Nicolas Cote-Colisson, who previously had a hold rating on the stock, wrote that the company “is now at an operational turning point,” as “not only can the company stay away...

Apple Upgraded to Buy by HSBC on Agentic AI, Hardware Pipeline Apple Inc. was upgraded to buy at HSBC Holdings Plc on Friday, in the latest reflection of how Wall Street is increasingly positive on the iPhone maker’s position in a market where many trades related to artificial intelligence have been faltering. Analyst Nicolas Cote-Colisson, who previously had a hold rating on the stock, wrote that the company “is now at an operational turning point,” as “not only can the company stay away from the (too) high capex debate,” but “it is also well placed to leverage its 2.5bn installed device base with its forthcoming revamped Apple Intelligence.”
Apple Upgraded (ORG) HSBC (ORG) Agentic AI (ORG) Hardware Pipeline Apple (ORG) Hardware Pipeline Apple Inc. (ORG) HSBC Holdings Plc (ORG) iPhone (ORG) Nicolas Cote-Colisson (PERSON) Apple Intelligence (ORG)
Originally published by Bloomberg Markets Read original →

Related Stories

Torvalds challenged the haters to fork Linux. Someone said 'hold my beer'

Earlier this week, Linux project leader Linus Torvalds told AI haters to fork off, and invited anyone who didn't like his comments to fork the kernel. Well, here you go: linux-0.11-rs, a total reimplementation of the Linux kernel, done in langage de programmation du jour, Rust. No, this isn't really a response to the Emperor Penguin's challenge – for a start, it looks like it was done with AI – but the timing was irresistible.

The Register 5m ago

Bethesda Announces New ‘Fallout’ Roadmap Following Xbox Reset

Screentime Bethesda Announces New ‘Fallout’ Roadmap Following Xbox Reset The studio confirmed development on ‘Fallout 5’ and a new game with Obsidian Entertainment Microsoft Corp.’s Bethesda Game Studios announced a slew of new Fallout projects on Friday, less than two weeks after parent company Xbox said it would cut thousands of jobs and double down on its biggest franchises, including the post-apocalyptic roleplaying game series. Bethesda said it is in pre-production on Fallout 5 and...

Bloomberg Technology 7m ago

Roger Summit, Who Invented an Early Online Search Service, Dies at 95

A research scientist at Lockheed, he came up with the idea for a computer system that would search scientific and technical literature almost instantaneously.

NYT Technology 7m ago

The manosphere’s testosterone fever is coming for the troops

The Secretary of the High-T Department of War. | Photo: Andrew Harnik/Getty Images This is Optimizer, a weekly newsletter sent from Verge senior reviewer Victoria Song that dissects and discusses the latest gizmos and potions that swear they're going to change your life.

The Verge 7m ago