On stage on Monday CEO Tim Cook's Apple announced a splashy deal with OpenAI to include its powerful artificial intelligence model as a part of its voice assistant, Siri.
After the iPhone maker announced its AI plans, shareholders pushed its value up as much as 6% Tuesday.
Lifted higher by a big day for Apple (AAPL), both the S&P 500 and Nasdaq hit all-time highs on Tuesday.
Editor's note: Any and all references to time frames longer than one trading day are for purposes of market context only, and not recommendations of any holding time frame. Daily rebalancing ETFs are not meant to be held unmonitored for long periods.
Apple shares soared to an all-time high Tuesday, scoring their biggest daily percentage gain since late 2022 as Wall Street embraced the iPhone maker's long-awaited announcement of its generative artificial intelligence plans with open arms.
Apple (AAPL) shares surged 6% on Tuesday, leading to gains in some of the largest exchange-traded funds (ETFs) with heavy exposure to the tech giant.
The first few days of Apple's annual developer conference, stretching from Monday (June 10) to Friday (June 14), may seemingly be all about artificial intelligence.
Washington state Attorney General Bob Ferguson wants to help take a bite out of Apple's dominance in the smartphone market, joining 20 other attorneys general Tuesday in the U.
Apple (AAPL) announced an artificial intelligence (AI) partnership with Microsoft-backed (MSFT) OpenAI at its highly anticipated Worldwide Developers Conference (WWDC) keynote Monday, which could benefit Microsoft as a major investor in the ChatGPT maker. It could also lead to Alphabet's (GOOGL) Google Gemini being integrated into the iPhone.
Apple kicked off its Worldwide Developer Conference (WWDC) in style yesterday, announcing a host of AI functionality coming to its products and services. Siri will get a long-awaited upgrade, fueled by generative AI.
Investors who have held onto Apple (NASDAQ: AAPL ) stock over the long term have made the right decision. From Warren Buffett to many retail investors, this widely owned stock continues to see broad interest from a range of growth investors and those seeking stability in this uncertain market.
Altimeter Capital founder and CEO Brad Gerstner is becoming more bullish on Apple Inc AAPL as the company unveils new AI-powered features at its annual developers conference this week.