17 Trending AI Stocks on Latest Analyst Ratings and News

2. Apple Inc. (NASDAQ:AAPL)

Number of Hedge Fund Holders: 184 

Apple Inc. (NASDAQ:AAPL) is a consumer electronics firm. The company was recently named the top artificial intelligence stock pick going into 2025 by investment bank Citi. In an investor note, the analysts covering AI at the bank highlighted that early developer feedback on iOS 18, the latest software for iPhones, with beta AI features, had been positive, including the recently launched feature to remove unwanted objects with AI. Per the analysts, this would provide consumers with a compelling reason to upgrade their iPhones. The investor note also eased concerns around the transition to a new CFO and the antitrust case against Google, backing the firm to emerge stronger from the challenges.

Latest reports indicate that Apple Inc. (NASDAQ:AAPL) will be cutting around 100 jobs in the services department of the firm amid a shift to new AI priorities. The majority of the job cuts are expected in the Apple Books and Apple Bookstore departments. The move is widely seen as a larger plan by the firm to reorganize around artificial intelligence offerings, the most recent of which was the launch of Apple Intelligence earlier this year.