Apple is seen as behind the pack in AI, and the company had a chance to change that perception with its WWDC keynote on Monday. But shares fell, suggesting investors weren't too impressed with what the company previewed.

The rollout of Apple’s new AI features was delayed last fall and on arrival it omitted the new Siri, for which Apple users are still waiting.

Apple Inc. stock was trading 1.7% lower during New York market hours as the company made announcements at the Worldwide Developers Conference 2025. The comapny announced a new operating system that features its first major iOS redesign since 2013.

Baird downgraded shares of Tesla from "Buy" to "Neutral," saying the Musk-Trump spat has led to more uncertainty and the potential for brand damage.

Key Takeaways Tesla's stock received a pair of downgrades from Argus Research and Baird analysts.The analysts said uncertainty after CEO Elon Musk's public spat with President Trump is a negative for the EV maker.

Tesla earned a new analyst downgrade in the wake of last week’s stunning showdown between the formerly close allies in Tesla CEO Elon Musk and President Donald Trump, as the stock continues to face pressure from Musk’s activities outside of his executive duties.