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Event Brief

Apple retires net-cash-neutral target, hints at AI deal

Apple is retiring its net-cash-neutral target, leading some to suspect a major AI acquisition.
WHO: Apple
WHAT: Retired its net-cash-neutral target amid speculation of an AI acquisition
WHEN: May 1, 2026 at 3:35 PM ET
WHERE: Location not specified
WHY: No specific cause was reported.

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