Apple stock advanced sharply, adding approximately $650 billion in market value and rising 15 percent to fresh all-time highs, while the remaining Magnificent 7 names stayed below prior peaks. Palantir CEO Alex Karp stated that AI's primary limitation is uneven wealth distribution, a remark endorsed by investor Mike Novogratz. Market data show the gains occurred amid expectations for Apple's AI features, though the precise drivers remain subject to interpretation.