Will the new iPhone trigger a wave of upgrades? Citigroup highly praises Apple's AI potential and lists it as the preferred stock, with a target price as high as $255.

Citi believes that the AI industry will transition from the infrastructure phase to the device phase, and Apple is expected to shine in the AI device era with "Apple Intelligence". AI will also be a major highlight of Apple's September new product launch event. IDC forecasts that by 2028, over 70% of smart phones will have generative AI capabilities.

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Apple Intelligence Will Play 'Starring Role' In iPhone 16 Launch, Says Analyst: No Price Hike Expected, But Accelerating Replacement Cycle 'Key Factor' For The Stock

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Did NVIDIA fall? Wall Street calls it a good buying opportunity!

After the latest financial report was released, Nvidia's stock price fell 6.38% on Thursday. But Wall Street doesn't seem to be worried and unanimously considers this a good buying opportunity.

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September's Must-See Financial Events: Apple Event, Presidential Debate, Fed Interest Rate Decision, Inflation Data

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