Apple rises premarket as Google ruling lifts $25-stock ‘overhang’
Apple shares gained nearly 3% premarket on Wednesday after a US court allowed Google to maintain its search deal with Apple, worth $20 billion annually. Wedbush analyst Daniel Ives called it a "monster win," removing a $25 overhang on the stock and paving the way for a deeper AI tie-up with Google Gemini. Apple shares are down 8% YTD.