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Apple extend gains after report co is mulling external AI models for Siri

ReutersJul 1, 2025 4:56 PM

** Apple's AAPL.O shares extend gains after Bloomberg News reported Monday that the company is considering using AI models from Anthropic or OpenAI to power Siri

** AAPL shares rise 1.5% to $208.30, hitting a six-week high

** "There is a very low bar for Apple on AI and investors want to see Cupertino get off the treadmill," says Wedbush analyst Dan Ives

** 33 of 50 brokerages rate the stock "buy" or higher, 13 "hold" and 4 "sell"; their median PT is $235 —LSEG

** As of last close, stock down ~16% this year

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