As of the time of publication, the stock has risen by more than 1.6%, closing at $220.36.
According to the Securities Times app, on Wednesday, the price of apple (AAPL.US) rose. As of the time of publication, the stock has risen by more than 1.6%, closing at $220.36. The US stock market fell overall, with the Nasdaq falling by 0.12%, the S&P 500 index falling by 0.1%, and the Dow falling by 0.15%. On the news front, due to Goldman Sachs' decision to exit the consumer finance business, Apple needs to find a new bank to take over its credit card project with over 12 million users. Currently, Apple and JPMorgan are still in negotiations. As Apple's credit card project involves high-risk customers, JPMorgan hopes to take over at a favorable price. If JPMorgan and Apple reach an agreement, this will further strengthen the collaboration between one of the largest banks in the United States and one of the largest technology companies in the world.