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Sam Quirke

After an Initial Panic, Wall Street's Leaning Into Apple's New Siri AI

Apple European Union WWDC

Shares of Apple Inc (NASDAQ: AAPL) are trading just below $300 this week, having staged a steady recovery from last week’s lows that followed the start of its Worldwide Developers Conference (WWDC).

The stock briefly notched a fresh all-time high of $317 when the new Siri AI was unveiled at the June 8 keynote, after which it reversed sharply and gave up almost two weeks of gains in a single day. By the end of the June 9 session, Apple had given up almost all of May’s gains, too.

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