Apple faces risk from memory cost spike in 2026: MoffettNathanson's Moffett

Well, turning now to Apple. It hit a record high recently, but the stock has lagged much of the year compared to Mag 7 peers. So, will it break out or lag again in 2026.Let's ask Craig Moffett from Moffett Nathansson. Craig, isn't what really matters here if Apple comes out with Apple intelligence this time and if it delivers as expected. >> Um, hey John.Uh, I'm not sure about that actually. Um it look it lagged for a lot of reasons during 2025. Um but there were there were a lot of risks in the stock.We op ...