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Apple is bringing a more 'mainstream' AI to its customers: Analyst
Yahoo Finance Video60d agoneutralVIDEO
Apple is bringing a more 'mainstream' AI to its customers: Analyst

Apple (AAPL) showcased its new AI-powered Siri (Siri AI) at its 2026 Worldwide Developers Conference (WWDC), a long-awaited entry into the AI race from the iPhone maker as it offers a more personal style of digital assistant. Creative Strategies CEO and principal analyst Ben Bajarin speaks with Julie Hyman about Apple's strategy to bring AI to the mainstream for its consumers. This was Tim Cook's final WWDC as Apple CEO before he steps down this September, transitioning into an executive chairman role.

Apple may struggle with 'simple' AI narrative in short term
Yahoo Finance Video60d agoneutralVIDEO
Apple may struggle with 'simple' AI narrative in short term

Apple (AAPL) kicked off its 2026 Worldwide Developers Conference (WWDC), where CEO Tim Cook showcased the new AI-powered Siri (Siri AI) in his keynote address on Monday. Winthrop Capital CIO Adam Coons comments on Apple's long-awaited AI software release, while Yahoo Finance Markets and Data Editor Jared Blikre takes a closer look at Apple's stock reactions to its WWDC announcements. This was Tim Cook's final WWDC as Apple CEO before he steps down this September, transitioning into an executive chairman role.

Don’t Expect a Boost to iPhone Sales from AI, Analyst Says
Barrons.com60d agoneutral
Don’t Expect a Boost to iPhone Sales from AI, Analyst Says

Apple looks unlikely to spark a big iPhone upgrade cycle with its artificial-intelligence updates, according to Wall Street analysts. UBS analyst David Vogt said he was leaving estimates for Apple’s iPhone revenue in fiscal year 2026 –which ends in September– unchanged at $251.

Prediction: Google Stock Will Hit $500 on This Date
24/7 Wall St.60d agoneutral
Prediction: Google Stock Will Hit $500 on This Date

Alphabet (NASDAQ:GOOGL) is running one of the most aggressive AI infrastructure buildouts in corporate history. CEO Sundar Pichai told investors “2026 is off to a terrific start. Our AI investments and full stack approach are lighting up every part of the business.” Google Cloud printed $20.03 billion in Q1 revenue, up 63% YoY, with backlog ... Prediction: Google Stock Will Hit $500 on This Date

Siri Didn’t  Rescue Apple
24/7 Wall St.60d agoneutral
Siri Didn’t Rescue Apple

Apple’s (NASDAQ: AAPL) new Siri upgrade won’t work in the EU or China for now. China is the world’s largest smartphone market. So, in China, consumers will use old apps on current Apple products. Siri works, supposedly, the way products like OpenAI’s ChatGPT do. Many of its features were teased at the Worldwide Developers Conference, ... Siri Didn’t Rescue Apple

Apple Just Delivered Its $75 Per Share AI Moment at WWDC. Wall Street Says the Stock Could Hit $440 by Year-End.
24/7 Wall St.60d agoneutral
Apple Just Delivered Its $75 Per Share AI Moment at WWDC. Wall Street Says the Stock Could Hit $440 by Year-End.

Apple’s WWDC keynote on June 8 was billed as the most consequential developer conference in the company’s history. From the CNBC Halftime Report broadcasting live from Cupertino, the message from Wall Street was loud: Apple (NASDAQ:AAPL) just delivered the AI moment investors have been waiting two years for, and the upside scenarios now stretch well ... Apple Just Delivered Its $75 Per Share AI Moment at WWDC. Wall Street Says the Stock Could Hit $440 by Year-End.

No tech rule exemption for Apple, EU regulators say amid spat over Siri AI delay
Reuters60d agoneutral
No tech rule exemption for Apple, EU regulators say amid spat over Siri AI delay

BRUSSELS, June 9 (Reuters) - EU regulators on Tuesday slammed Apple for blaming EU tech rules for its decision ‌not to roll out its upgraded assistant Siri AI in the European ‌Union for now, saying they had rejected the company's request for an 18-month exemption from its obligations. The ​iPhone maker on Tuesday said Siri AI would not be available initially in the EU on iPhones or iPads and faulted the European Commission for refusing to engage constructively with them to ensure privacy and se

Apple Delays Siri AI Rollout in EU Following Regulatory Compliance Challenges (AAPL)
InvestorsHub60d agoneutral
Apple Delays Siri AI Rollout in EU Following Regulatory Compliance Challenges (AAPL)

Apple (NASDAQ:AAPL) will not introduce its new Siri artificial intelligence features in the European Union after failing to satisfy interoperability requirements under the bloc’s regulatory framework, according to comments made Tuesday by a European Commission spokesperson. Speaking to reporters in Brussels, Thomas Regnier said the decision to keep the product out of the EU market was made by Apple itself.

Apple's AI Siri will be held back by aging devices, Morgan Stanley says
Reuters60d agoneutral
Apple's AI Siri will be held back by aging devices, Morgan Stanley says

Apple's newly introduced AI Siri will have limited use across much ‌of the company's install base because ‌older iPhones lack the capabilities to run advanced AI ​features, Morgan Stanley said in a research note on Tuesday. More than 850 million iPhones are incapable of running basic Apple Intelligence queries, and ‌more than 1.3 ⁠billion iPhones cannot use advanced Siri features, the brokerage said. The long-delayed Siri ⁠overhaul was the centrepiece of Apple's annual Worldwide Developers Conference on Monday, with the world's ​most valuable ​smartphone maker betting ​on the feature to ‌keep pace with rivals including OpenAI's ChatGPT, Google's Gemini and Anthropic's Claude.

Stocks Are Flirting With a Dangerous Valuation Trap
Barrons.com60d agoneutral
Stocks Are Flirting With a Dangerous Valuation Trap

What hasn’t really moved, however, is the longer end of the bond market, where yields remain elevated and forecasts for Federal Reserve rate hikes are getting increasingly aggressive following last week’s stronger-than-expected payroll data, and ahead of Wednesday’s May inflation readings. The higher yields, which have for the most part echoed market bets on a Fed rate hike before the end of the year, now priced at around 70% by the CME Group’s FedWatch, also seem to be resetting at levels that could make stock markets uncomfortable. Its closest comparison in the bond markets, the yield on 3-month Treasury bills, is holding at around 3.7%.

Nvidia Finally Lands Apple as an AI Customer. Yeah?
Barrons.com60d agobearish
Nvidia Finally Lands Apple as an AI Customer. Yeah?

Nvidia was edging up early on Tuesday. The chip maker has added Apple to its roster of big-name customers but details are still scarce on exactly how big a deal it could be. Nvidia shares were up 0.9% at $210.44 in the premarket.

Why Apple's WWDC and Siri AI hype left investors sad
Yahoo Finance60d agoneutral
Why Apple's WWDC and Siri AI hype left investors sad

Apple's stock declined almost 2% on the first day of Apple CEO Tim Cook's final Worldwide Developers Conference (WWDC). The reason was more perceived letdown on the artificial intelligence front, which reawakened chatter that Apple won't dominate in the AI era.

Interest Rate Jitters Just Crashed the Tech Rally — Here’s What I’d Lean Toward and What I’d Fade When Yields Spike
24/7 Wall St.60d agoneutral
Interest Rate Jitters Just Crashed the Tech Rally — Here’s What I’d Lean Toward and What I’d Fade When Yields Spike

Friday’s bloodbath for the tech and semiconductor stocks might have left a scar on the AI trade, but it might not take all too long for the wounds to heal, especially after an upbeat Monday session that saw semiconductors lead the comeback. Undoubtedly, investors are going to need to make room in their portfolios for ... Interest Rate Jitters Just Crashed the Tech Rally — Here’s What I’d Lean Toward and What I’d Fade When Yields Spike