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The Nasdaq slumped 3.23% this week, its worst drop since April 2025. Meta slid more than 11% after two court defeats, and Micron fell more than 15% as investors rotated out of the memory company following a huge pop.

Apple plans to open Siri to outside artificial intelligence assistants, a major move aimed at bolstering the iPhone as an AI platform. Bloomberg's Mark Gurman discusses what's driving the move with Ed Ludlow on “Bloomberg Tech.

The Magnificent 7, comprising 33% of the S&P 500, has underperformed and now trades at its lowest forward PE premium in a decade. Despite slowing earnings growth and elevated capex, I see strong upside in Meta, Google, and Amazon, with Meta and Google at critical support levels. Microsoft, Nvidia, and Tesla face headwinds from capex, slowing growth, or declining estimates; I plan to trim Microsoft and avoid new positions in Apple, Nvidia, or Tesla.

Apple on Friday ​said it has ‌hired Lilian Rincon, who previously spent ​nearly a decade ​at Google overseeing its ⁠shopping and ​assistant products, as the ​vice president of product marketing for artificial ​intelligence, reporting to ​its marketing chief Greg “Joz” ‌Joswiak.

@Stockstotrade's Tim Bohen offers his Big 3 picks he sees as formidable in the current volatile trading environment. He points to further rallies in Smith & Wesson Brands (SWBI) as the U.S.-Iran War continues, Apple (AAPL) as a stronghold in AI and tech, and Dell Technologies (DELL) as a "go to" for data center expansion.

AAPL's Services surge, revenues rising 14% y/y to $30B, powered by Apple TV hits, sports deals and Arcade expansion, as competition from Netflix and Alphabet heats up.

Wedbush has a $350 price target on the stock. The question is whether WWDC delivers what last year's didn't.