Apple

Tim Cook is transitioning from CEO to executive chairman of Apple, handing over leadership to hardware chief John Ternus on September 1. Despite a nearly 1% drop in stock price, analysts maintain buy ratings with targets between $315 and $350. Ternus, known for his work on the successful M-series silicon chip, is seen as a potential innovator for Apple, especially in AI, as the company faces pressure to revitalize its product roadmap. Under Cook, Apple's valuation soared from $350 billion to $4.01 trillion.