• Apple shares are under scrutiny as the company prepares to release its fiscal second-quarter results. Analysts are particularly focused on the guidance provided by Apple regarding the impact of tariffs and potential price increases on consumer demand. The stock has shown a recovery of nearly 25% from its recent lows, but it remains 16% lower year-to-date, indicating investor caution ahead of the earnings report.

• Key technical levels for Apple stock are being monitored closely, with support levels around $169 and $157, and resistance levels near $220 and $237. The relative strength index suggests a lack of momentum, which could influence trading behavior as investors assess the company's strategies to mitigate risks associated with tariffs and its plans to shift iPhone production to India.