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Xiao-I Corporation (NASDAQ:AIXI) shares are surging on Friday. The move follows a landmark legal victory against Apple Inc. (NASDAQ:AAPL). AIXI faced a volatile week as shares tumbled about 30% on Thursday.
Nasdaq futures are up 0.22% while S&P 500 futures have gained 0.17%.
Traders are looking toward the next major milestone. The company’s next earnings report is estimated for May 14.
Supreme Court Rules Against Apple
The Supreme People’s Court recently rejected Apple’s appeal to invalidate Xiao-I’s patents. This ruling concludes a long-running battle over core artificial intelligence …
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