Dan Niles Says Apple’s AI Delay Is A Lucky Break, But Flags Valuation Risk
2026-07-28 01:39:05
Dan Niles, founder of Niles Investment Management, said Apple’s slow AI start has become an advantage as rivals pour money into infrastructure, even as he warned the stock may be vulnerable ahead of earnings this week. According to BeInCrypto, Apple hit a record close of $336.91 on July 27 and a market value of about $4.93 trillion, reclaiming the title of the world’s most valuable public company from Nvidia. Apple reports fiscal third-quarter results on July 30.
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