Story perspectives

Apple Shares Slide; Intel Rises with New CEO

3/13/2025

30 3

Summary

Story summary

Apple shares dropped 2.2% to $216, reflecting concerns over delayed Siri AI features and tariffs, down 17% since December. Key support levels are $219, $207, and $197, with resistance at $237 and $247. Analysts caution about potential impacts on iPhone sales.
Intel shares surged 10% following the appointment of Lip-Bu Tan as CEO, breaking a stagnant trend. The stock has lost over 50% in the past year, with resistance at $22, $26, and $30, and support around $19.
Palantir stock increased 2.2% after a three-week decline, having lost over a third of its value. Key support levels are $66, $44, and $30, with resistance at $85 and $121, facing pressure from reduced military spending and tech sell-offs.

History

Historical Context

Apple's stock decline mirrors the tech industry's volatility during the 2000 dot-com bubble burst. Companies faced scrutiny over innovation and profitability, leading to significant stock drops. Today, concerns over delayed AI features and tariffs echo that era, highlighting ongoing challenges in maintaining investor confidence and market stability.

1 of 2

Story summary

Apple shares dropped 2.2% to $216, reflecting concerns over delayed Siri AI features and tariffs, down 17% since December. Key support levels are $219, $207, and $197, with resistance at $237 and $247. Analysts caution about potential impacts on iPhone sales.
Intel shares surged 10% following the appointment of Lip-Bu Tan as CEO, breaking a stagnant trend. The stock has lost over 50% in the past year, with resistance at $22, $26, and $30, and support around $19.
Palantir stock increased 2.2% after a three-week decline, having lost over a third of its value. Key support levels are $66, $44, and $30, with resistance at $85 and $121, facing pressure from reduced military spending and tech sell-offs.

1 / 2