Apple Shares Recover Near $273 as Ternus Takes CEO Role, Targets Hit $325

Apple Inc shares dipped under 1% on John Ternus' CEO appointment replacing Tim Cook but quickly recovered, holding near $273 and a $4 trillion market cap. Investors now focus on Ternus' potential to accelerate AI growth via Google Gemini partnerships, amid concerns Nvidia overtook Apple as top-valued firm. Wall Street stays constructive with JPMorgan's $325 target and a model forecasting $283.80 by May 1, betting on measured AI pivots and new product cycles rather than sharp spending shifts.