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AAPL stock slides, but is it a reaction to AI announcements? - 9to5Mac

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There’s been an unusually large drop in the price of AAPL stock so far this week, losing roughly $25 per share in the two days since the WWDC keynote . While some are inevitably speculating that investors weren’t impressed by Apple’s AI announcements , there are other factors at play … Yahoo Finance was one of those to attribute the slide to the WWDC announcements. Apple Inc shares were down 4% on Tuesday afternoon after the company’s annual developer conference left some investors questioning the pace of its artificial intelligence rollout, even as analysts broadly viewed the event as a step forward […] Despite the reported improvements, analysts flagged meaningful limitations. Siri AI will launch in beta later this year for supported devices set to English and will not be available initially in the European Union on iOS or iPadOS. The feature is also excluded from China due to regulatory hurdles.…

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