Apple Stock Stuck at $333 as AI Threat Lingers
Apple's stock price has been stuck at $333.33 as momentum flatlines and the market digests the threat from Meta's Muse AI agent.
The AI agent, partnered with Shopify, Expedia, and PayPal, could potentially become the decision layer between consumers and purchases, hollowing out Apple's App Store and search-referral revenue stream over time.
Bank of America analyst Wamsi Mohan warned that if this happens, it would be a structurally new risk for Apple, which has been relying on its services segment as the margin engine.
The market heard the warning loud and clear, with AAPL trading roughly $12 off its all-time intraday high of $345.34.