Odaily Planet Daily report: Apple will release its earnings report after the close of U.S. markets on Thursday. The market will focus on whether the company can continue its strong performance as a beneficiary of the "anti-capex AI trade." Since the beginning of this year, Apple's stock has risen 24%, outperforming all other members of the "Big Seven Tech" and repeatedly surpassing a $5 trillion market capitalization.
Analysis suggests that investors, concerned about the return on AI’s massive capital expenditures, have shifted their focus to Apple, which has relatively lower capital spending. However, Apple’s forward 12-month P/E ratio has risen to approximately 35 times, a level not seen since 2008, while rising storage chip costs and margin pressures may be key focus areas for this earnings report. (Bloomberg)