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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