Reported about 1 year ago
At the WWDC keynote event, Apple introduced its latest AI technology but investors were not impressed, with Apple's stock dropping 1.9% despite other major US indexes closing higher. This performance was labeled as the worst post-event drop in 11 years by US media. While the Dow Jones Industrial Average rose 0.18%, S&P 500 rose 0.26%, Nasdaq rose 0.35%, and the Philadelphia Semiconductor Index rose 1.42%, Apple's stock closed at $193.12 per share, down 1.91%. The unveiling included AI features tailored for iPhone, Mac, and a new version of the Vision Pro AR headset operating system VisionOS 2, but the market did not find Apple's AI strategy captivating, leading to a significant stock decline.
Source: YAHOO