Apple gains; Bloomberg reports co weighing using Anthropic or OpenAI to power Siri

Shares of Apple AAPL.O are up 2.1% and hit fresh session highs in late trading Mon after Bloomberg News reported the co is weighing using artificial intelligence technology from Anthropic or OpenAI to power a new version of Siri, instead of its own in-house models

Apple shares were down earlier in the session, with a judge ruling also on Mon that Apple must face the U.S. Department of Justice's lawsuit accusing the iPhone maker of unlawfully dominating the U.S. smartphone market

Apple shares are down about 18% YTD compared with a roughly 6% gain in the S&P 500 .SPX in that period