---
title: "Congressman’s Buying Spree, AAPL Stock Gains and More: This Week in Appleverse"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/296704647.md"
description: "Apple news this week includes Steve Jobs teaching Andy Warhol to use a Macintosh mouse in 1984, Rep. Ed Case’s continued stock purchases, and AAPL gaining nearly 3% despite sector softness. SK Hynix announced a $28.6 billion buyback following Apple's lead. Additionally, Rothschild Redburn upgraded Apple to Buy with a $400 price target, citing significant upside potential."
datetime: "2026-08-23T11:01:16.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/296704647.md)
  - [en](https://longbridge.com/en/news/296704647.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/296704647.md)
generator: "portal-rs"
---

# Congressman’s Buying Spree, AAPL Stock Gains and More: This Week in Appleverse

It’s been a week of intriguing events in the world of **Apple Inc.** (NASDAQ:AAPL), from a congressman’s stock market strategy to a pop art icon’s fascination with the company’s products. Here’s a quick recap of the top stories from the week.

## Steve Jobs Gave Andy Warhol A Macintosh Mouse Lesson

**Steve Jobs**, the late co-founder of Apple, once captivated the legendary pop artist Andy Warhol with an impromptu lesson on how to use a Macintosh mouse. This happened at **Sean Lennon**‘s ninth birthday party in October 1984.

Journalist **David Sheff**, who was present at the event, recounted that Jobs introduced Sean to the new Macintosh computer and demonstrated how the mouse controlled the pointer. 

Read the full article here.

## Congressman’s Apple Stock Buying Spree

Rep. **Ed Case** (D-Hawaii) has been consistently buying Apple stock since 2024. The recent purchase in August marked the 10th time the congressman has invested in the tech giant, maintaining a unique stock-buying pattern.

Read the full article here.

## Apple Stock Gains Despite Tech Sector Softness

Apple stock experienced a nearly 3% increase despite a slight downturn in the technology sector. The company is navigating through regulatory changes in Europe, a shifting investor interest in artificial intelligence, and rising hardware costs.

Read the full article here.

## SK Hynix Takes A Page Out Of Apple’s Book

**SK hynix Inc.** (NASDAQ:SKHY) is following in Apple footsteps by announcing a record 40 trillion won ($28.6 billion) share buyback. This decision reflects a broader shift in how the AI memory leader plans to use its cash reserves.

Read the full article here.

## Apple Stock Gets A Major Upgrade

**Rothschild Redburn** analyst **James Cordwell** upgraded Apple to a Buy rating from Neutral and raised the price target to $400 from $260. This represents a 53.85% increase, suggesting a 30.75% upside from the current stock price of $305.93.

Read the full article here.

***Disclaimer:*** *This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.*

*Photo Courtesy: tetesong on Shutterstock.com*

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- [07709.HK](https://longbridge.com/en/quote/07709.HK.md)
- [AAPL.US](https://longbridge.com/en/quote/AAPL.US.md)

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---
> **Disclaimer: This article is for reference only and does not constitute any investment advice.**