On Saturday, May 25, we said, “Apple (SYM: AAPL) is attempting to break even higher. Last trading at $188, we’d like to see it retest resistance around $199. All as the company nears its artificial intelligence announcement with OpenAI, June 10 to 14 at Apple’s Worldwide Developers Conference (WWDC).”
That Tuesday, May 28, Apple opened at $191.44.
Then, as we got into Apple’s WWDC event, the tech stock exploded to $205. All after it unveiled its latest artificial intelligence software.
“Apple introduced a range of new AI features during the event, including an overhaul of its voice assistant Siri, integration with OpenAI’s ChatGPT, a range of writing assistance tools and new customizable emojis. The company pitched the features as AI for the average person, though users will likely need to upgrade their iPhones to access the tools,” added CNBC.