What Apple Intelligence means for Apple's stock: YF Reports

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Apple News

Product Announcements,Worldwide Developers Conference

Apple (AAPL) shares climbed to record highs following a series of product announcements at the company's Worldwide Developers Conference 2024. The biggest...

. Yahoo Finance breaks down Apple's new AI features, what's next for the tech giant, and how Apple's move into artificial intelligence could possibly disrupt the tech sector.Apple stock soared by 7% on Tuesday, marking its largest single day gain ever after the company announced Apple Intelligence.Now the tech giant planning to integrate generative A I into the latest software models.

So this is really going to be the first time as we get these A I introductions that people are going to be using A I in their daily lives at scale. There are so many companies who have talked to us about how they're integrating chat bots into customer service, using it for coding, using it to save money.

And then we saw obviously this big surge to the upside and some folks were saying Wall Street just wasn't necessarily sure how to suss the news that we got out of the conference, wasn't necessarily sure what was good enough news for Apple. What ultimately, this means for some consumers that are not using A I capabilities on a day to day basis.

And I would add that there is more to come on this and we keep producing products that help people lead healthier lives.Figure out where your money is going.What does all this mean for you keep it tuned into Yahoo Finance, Apple. Customers can text Siri and even more than that with these new updates, Siri expect to anticipate things a human would, for example, it can send the photos you want to your mom or maybe find recipes for your dinner tonight with the help of a little friend known as chat G BT.Number two, your notifications get an upgrade.

Ok, I am really curious, I'm interested, it's enough for me to upgrade, you know, I I had Paul Meeks on my show yesterday.He's been investing tech for a long time.I think he was kind of cautious and skeptical about whether this really jump starts an upgrade cycle. Anyway, Josh, we're also watching the reactions from other billionaires out there, Elon Musk out Apple, I mean, what's going on here?

I know another interesting question which is gonna is when we talk about the partnerships that came out yesterday, we don't know what the economic relationship is with between, let's say apple and open A I.Um We don't know which way the money is flowing, you know, is Tim Cook saying a check to Sam Altman is Sam Altman sending one to Tim Cook.

 

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