![Investors get more reasons to like Apple after scrapping EV plans, AI update Investors get more reasons to like Apple after scrapping EV plans, AI update](https://i0.wp.com/image.cnbcfm.com/api/v1/image/107351606-17036133442023-12-26t174652z_896771867_rc2355ayxhik_rtrmadp_0_apple-apple-watch-itc.jpeg?fit=%2C&ssl=1)
On December 26, 2023, a woman walked through an Apple store in New York.
Eduardo Muñoz | Reuters
apple The company reportedly canceled its decade-long electric self-driving car project and CEO Tim Cook talked about the iPhone maker’s artificial intelligence vision, giving investors more to like about its stock reason.
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