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CNBC

Apple stock drops 3% after WWDC introduces Apple Intelligence and Siri AI

Apple shares fell 3% on Tuesday, one day after the company introduced Apple Intelligence and an LLM-based Siri AI at its Worldwide Developers Conference. Analysts generally welcomed the Siri upgrades, but some said the announcements lacked major surprises and may not lift the stock near term, as Apple did not provide a firm release date for Siri AI.
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