Apple Inc.’s stock has struggled to find positive momentum this year, and analysts at Needham & Company don’t see major catalysts ahead that can help put shares on a better course. They downgraded the stock to hold from buy on Wednesday,

Trump previously announced a tech tariff exemption that included smartphones, and now, it seems he has reversed course. The unpredictability and uncertainty of it all are a challenge to Apple, and the market despises uncertainty. Apple stock dropped right after Trump's May 23 post, but has since regained the loss.

Today's column includes the opener from Stephen 'Sarge' Guilfoyle at TheStreet Pro. It's a sampling of what subscribers to TheStreet Pro study and benefit from daily.

Apple AAPL, at this year’s annual Worldwide Developers Conference (WWDC), introduced a plethora of updates in its major platforms — iOS 26, iPadOS 26, macOS Tahoe 26, tvOS 26, visionOS 26 and watchOS 26 — along with a new software design crafted with a new material called Liquid Glass.

The service said its monthly plan will start at $47.45 per month, a nod to Trump’s standing as the 45th and 47th U.S. president.

Apple is still around a $3 trillion market cap despite its poor start this year. But with a lower valuation, it's trading at 31 times its trailing earnings, which is now only slightly above its five-year average.

In addition to inflation and US-China trade, a key bond auction is on investors' radar. A $22 billion sale of 30-year bonds is scheduled for Thursday.

Craig Moffett, MoffettNathanson partner and senior analyst, joins 'Power Lunch' to discuss Moffett's thoughts on Apple's WWDC.

Apple Inc. (NASDAQ:AAPL) is one of the 14 stocks on Jim Cramer’s radar. Cramer rebuffed the downgrades that Apple Inc. (NASDAQ:AAPL) has been receiving of late, as he commented: “Hey, finally there’s a stock that people now love to