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Inflection Point03STOCKS2026-05-10

AAPL gets 27 FY EPS upgrades with zero cuts as Intel chip deal announced near 52-week high

  • Apple collected 27 upward FY EPS revisions with zero cuts in 7 days, lifting the consensus to $8.77 — up 3.0% from $8.51 a week ago — with zero cuts recorded over the past 30 days.
  • The stock closed at $293.32 on May 8, within 0.5% of its 52-week high of $294.76, following the Wall Street Journal report of Apple and Intel reaching a preliminary chip-manufacturing agreement backed by White House support.
  • The Nasdaq logged its sixth consecutive winning week on May 8, the longest streak since 2024, coinciding with strong April jobs data and broad-based tech strength.

Supporting queries

To surface this insight, Baselight ran 7 queries across its structured data. Each one is reproducible — open it, read the SQL, and rerun it yourself.

Conclusion

eps_revisions: 27 up / 0 down (7-day); 28 up / 0 down (30-day), snapshot 2026-05-09; eps_trend: current $8.766 vs. $8.511 seven days ago (+3.0%); daily_prices: AAPL close $293.32 on 2026-05-08; 52w high $294.76, 52w low $193.46; news: "Apple reaches chipmaking deal with Intel," pub_date 2026-05-08; market_context: Nasdaq posted sixth consecutive winning week on May 8, longest streak since 2024, supported by strong April jobs report (115,000 nonfarm payrolls added).

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