Apple unveils new AI features at WWDC 25
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Apple shares turned lower as the iPhone maker kicked off its Worldwide Developers Conference Monday. Read more on the event and what's at stake for Apple:
The tech giant showcased "Liquid Glass" for iPads, Mac, and more products at its WWDC developer conference.
Apple execs didn't have a super satisfying answer about what went wrong with AI Siri, but they also don't really need one.
Apple shares didn't get the boost that investors hoped for from the company's highly anticipated Worldwide Developers Conference this week. Monitor these important support and resistance chart levels.
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In addition to inflation and US-China trade, a key bond auction is on investors' radar. A $22 billion sale of 30-year bonds is scheduled for Thursday.
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The stock is currently 21% below its peak. So, it has some work to do to get back to its former glory. Legendary investor Warren Buffett and his conglomerate, Berkshire Hathaway, have sold a sizable chunk of their shares in the past several quarters.
Apple shares are trading lower Wednesday slid following the company's WWDC 2025 event. While some analysts are bearish, others remain bullish on Apple's long-term ecosystem value.
Apple's stock has been one of the weakest Big Tech stocks this year, partly reflecting worries about the company's artificial-intelligence positioning. Shares are down 18% so far this year. Within the "Magnificent Seven" grouping of large technology stocks,
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Apple is still around a $3 trillion market cap despite its poor start this year. But with a lower valuation, it's trading at 31 times its trailing earnings, which is now only slightly above its five-year average.
CNBC's 'Mad Money' host and veteran market commentator Jim Cramer is not impressed with Apple Inc. (Nasdaq: AAPL) repurchasing its stocks of late. With a market cap of $3 trillion, Apple is the third-largest company in the world that is well-known for its flagship tech products such as iPhones, iPads, MacBooks, etc.