App Store revenue growth signal strong digital demand

We recently released a list 10 AI stocks are now attracting attention from Wall Street. In this article, we will look at the position of Apple Inc. (NASDAQ:AAPL), in conflict with other AI stocks that are attracting Wall Street's attention.

Investors in AI trade have been crazy since the tariff madness began. Especially on April 2, President Donald Trump was called Liberation Day, and the administration announced widespread tariffs, which led to huge market volatility and a sharp decline in stock indexes.

While the president may work to make the United States the “world capital” of artificial intelligence, subsequent aggressive trade and tariff actions have been threatening crucial technology and undermining competition with China.

Executives and experts in AI and data center construction have been concerned about how the trade tax will significantly increase the cost of building, equip and operating data centers, which will in turn promote AI development.

Read the next post: There are 10 AI stocks in today's news, and the focus of this week is 10 AI stocks.

Fast forward some large-scale technology earnings reports, which can point out that investors are more worried about AI trading. Meta and Microsoft in particular reported strong quarterly results that suggest that advances in AI may not necessarily slow down in amid economic turmoil.

“Seldom stocks are truly immune to Trump’s tariffs (and) trade wars, but AI has a much less impact than investors are currently believing. We are currently in the early stages of a very steep growth curve, which is the AI ​​infrastructure.”

What happens next to AI stocks depends largely on the next step in the tariffs. If it is better than expected, these and other AI stocks may climb and increase their valuations. On the other hand, if tariffs appear to be high, these stocks may drop further.

Still, thanks to its clever innovation, powerful companies, especially those like Nvidia and Palantir, may be in the long run. According to Wells Fargo's Christopher Harvey, it may be time for investors to re-enter the deal.

“The risks/rewards today are more attractive than they were a year ago. We are still in the supercycle of durable AI investment.”

In this article, we selected AI stocks by browsing news articles, stock analysis and press releases. These stocks are also popular among hedge funds. Hedge fund data ended in the fourth quarter of 2024.

Why are we interested in stocks that hedge funds to accumulate? The reason is simple: Our research shows that we can beat the market by mimicking the top stocks of the best hedge funds. Our strategy for quarterly newsletters selects 14 small and large stocks every quarter, returning 373.4% since May 2014, beating its benchmark by 218 percentage points (See more details here).

Apple (AAPL): "App Store revenue growth signal strong digital demand"
Apple (AAPL): "App Store revenue growth signal obvious digital demand"

Enjoy the broad vision of the Apple store, showing the range of products the company offers.

Number of hedge fund holders: 166

Apple (NASDAQ: AAPL) is a technology company. On May 6, Wall Street analyst Wamsi Mohan from Securities revisited the stock, which maintained a "buy" rating on the stock, with a target price of $235.00. Apple's App Store revenue has shown a huge increase, with the dollar per download rising significantly.

This, in turn, indicates a healthy need for Apple’s digital services. Although legal rulings could allow developers to bypass Apple's commission structure, the App Store continues to make a significant contribution to Apple's total revenue. Additionally, the productivity category in the App Store has also shown substantial growth due to popular applications such as ChatGpt.

Overall, AAPL Ranked fourth On our AI stock list, these stocks are attracting Wall Street’s attention. Although we acknowledge the potential of AAPL as an investment, our belief is that certain AI stocks offer higher returns in a shorter time frame and greater hope in a shorter time frame. AI stocks have risen since the beginning of 2025, while popular AI stocks have lost about 25%. If you are looking for AI stocks that are more promising than AAPL but have less than 5 times its earnings, check out our report Cheapest AI stocks.

Read the next article: Buy 20 Best AI Stocks Now and According to the billionaire, there are now 30 best stocks.

Disclosure: None. This article was originally published in Internal monkey.