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Apple Stock Surges on iOS 27 Beta Release

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AAPL
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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.

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