Gelonghui May 24| Apple (AAPLtellybingo.US) rose 1.49 to $189.66. on the news fronttellybingoDan Ives, an analyst at investment bank Wedbush, raised Apple's target price from US$250 to US$275, mainly considering that the iPhone 16 super cycle driven by artificial intelligence technology will increase the company's value by US$30 to US$40 per share. He also emphasized that the upcoming World Developers Conference (WWDC) is a critical moment for the company.