Apple Stock Surges on iOS 27 Beta Release
Apple's stock is on a three-week winning streak after climbing over 4% on Wednesday, outperforming the Nasdaq's 0.6% gain.
The rally comes as the tech giant gains momentum from its iOS 27 public beta release, which introduces an AI-powered Siri upgrade with large-language-model capabilities.
Deepwater Asset Management's Gene Munster said the iOS 27 beta proves that Apple has developed the AI capabilities investors have been waiting for.