Apple’s stock price surged to a new all-time high after the company’s Worldwide Developers Conference (WWDC) 2024, where it unveiled its latest advancements in artificial intelligence (AI) and machine learning. The tech giant showcased its AI-powered features across various products and services, including enhanced Siri capabilities, improved image and video processing, and more efficient on-device AI processing. Analysts praised Apple’s AI strategy, which focuses on privacy-preserving on-device AI rather than cloud-based models. The company’s commitment to integrating AI into its ecosystem while prioritizing user privacy resonated with investors. Apple’s AI push is expected to drive innovation and user engagement, potentially boosting revenue streams from services and hardware sales. The stock’s rally reflects investor confidence in Apple’s ability to capitalize on the AI revolution while maintaining its competitive edge in the tech industry.