Apple, Okta, AMD Stocks Hit New Highs Amid Positive Catalysts
Shares of Apple (AAPL), Okta (OKTA), and Advanced Micro Devices (AMD) reached new highs on Tuesday, driven by various positive catalysts.
AAPL stock rose 0.23% after reports emerged that the tech giant is working on a screenless health and fitness band to compete with devices from Whoop Inc.
OKTA stock gained nearly 3% at close after Baird raised its price target, citing growing optimism around the company's enterprise demand for securing autonomous AI agents.
AMD stock rose more than 1% amid a rally in artificial intelligence stocks, shortly after the company joined the $1 trillion market capitalization club.
Apple's new health tracker has garnered attention, and the company is headed into its sixth week of gains amid growing optimism about device launches.