SPY News: Apple stock surges to record high after AI announcements - 12th Jun 2024, 1:03am

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Apple (AAPL) stock on Tuesday surged more than 5% to reach an intraday record as investors digested the announcement of its AI platform, Apple Intelligence.

After the stock fell on Monday during and after the company's WWDC conference, the stock moved higher as some Wall Street analysts cheered the company's announcements.

"If you look at the signal away from the noise, you realize that this is unprecedented capability that Apple is going to introduce and it's going to integrate AI into everyd...

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