Apple's $89.38 Billion Trading Day Ranks Fourth as AI Ambitions Fuel Stock Surge

Volume AlertsTuesday, Jun 3, 2025 7:59 pm ET
1min read

On June 3, 2025, Apple (AAPL) saw a trading volume of $89.38 billion, ranking fourth in the day's market activity. The stock rose by 0.78%, marking its third consecutive day of gains and a total increase of 1.66% over the past three days.

Apple is exploring a potential collaboration with the AI startup Perplexity, aiming to integrate its technology as an alternative to Google's offerings. This move is part of Apple's strategy to enhance its AI capabilities and potentially challenge competitors in the AI space.

Additionally, Apple is considering a strategic partnership with Perplexity, an AI startup. This partnership is seen as an aggressive attempt by Apple to expand its AI functionalities, which could significantly impact its product offerings and market position.

In other news, former Apple designer Jony Ive, who is now working with OpenAI, is involved in the development of consumer handheld devices. This collaboration with OpenAI, backed by Steve Jobs' widow Laurene Powell Jobs, adds another layer to Apple's AI ambitions and could influence its future product innovations.

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