S&P 500 companies are pivoting hard back to shareholder returns, and the dividend declarations rolling in this spring have already locked in record-breaking streaks.
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.
After climbing roughly 3% from $307.34 to $317.40 in the initial hours of the June 8 session, Apple (NASDAQ: AAPL) stock plunged 4.88% to its latest closing price of $301.54 for a $220 billion market capitalization wipe relative to the intraday highs.
Nvidia stock was edging up. A massive technology company will use its chips to power an AI revamp.
Apple (AAPL) unveiled Siri AI at WWDC, emphasizing privacy and integrating Apple Intelligence with a dedicated app and Visual Intelligence features. AAPL highlighted a strong developer ecosystem, with over 1,000 app submissions per hour and a privacy-focused AI partnership with Google Gemini.
Tom Forte, Maxim Group's Senior Consumer Internet Analyst, breaks down Apple's launch of Siri AI at WWDC event. While he says that it is "not detrimental" for Apple to be slow to market, he points out that as much as 40% of the company's sales could be affected by the unavailability of Siri AI in the Europe and China markets.
CNBC's MacKenzie Sigalos reports from Cupertino on Apple's biggest WWDC reveals, from a new macOS to a more AI-powered Siri — and why the stock hit a record intraday before ending lower.
For years, Apple has been accused of being one of the biggest stragglers in the AI arms race. Doubters have argued that Apple's lack of a clear AI strategy have cost it its edge, and Wall Street analysts have worried that the gap could start hurting iPhone sales.
Apple unveiled Siri AI and new features at the 2026 WWDC. Apple faced criticism and a lawsuit after delaying features promised for 2024.
All of Apple's devices will have a new layer of AI this year. Here's what it could mean for devices to come.
Apple finally pulled the curtain back on its long-awaited AI assistant overhaul today, and Wall Street promptly punished the stock.
Apple unveiled its long-awaited Siri AI Monday (June 8), saying in a press release that the artificial intelligence-powered personal assistant can answer questions from the web and surface relevant information from the user's personal messages, emails and photos.