Apple (NASDAQ: AAPL) surged after China approved Apple Intelligence, with shares hitting an all-time high of $327.50. China’s cyberspace regulator gave the green light to Apple Intelligence, allowing Apple to use the technology through partnerships with Chinese cloud giants Alibaba and Baidu. This comes as Apple reported a 20% increase in iPhone shipments in the first quarter of 2026 and a 24% rise in Q2. Revenue in the March quarter hit a record $111.2 billion, while EPS surged 22% to $2.01, and the company had over $28 billion in operating cash flows. Earnings are set to be announced on July 30. Maintaining stock levels above $317.31 is essential for sustaining the bullish trend, with potential targets of $340 and $351.