🧵 1. Apple stock skyrockets 2% in seconds, gaining $60bn market cap after report of "quietly" developing AI tools to challenge OpenAI, Google, and more. #business
🧵 1. Apple stock skyrockets 2% in seconds, gaining $60bn market cap after report of "quietly" developing AI tools to challenge OpenAI, Google, and more. #business
🧵 2. Apple's move to create its own chatGPT tool sparks excitement and investors' interest, pushing its stock to all-time highs. Will they conquer the AI field?
🧵 3. Market reacts to Apple's AI ambitions, but critics question the lack of innovation and creativity behind their strategy. Is this just another case of copying without adding value?
🧵 4. As Apple's stock skyrockets, it reveals how obsessed the market is with AI, even as the technology becomes increasingly commonplace. Are we witnessing peak AIphoria?
🧵 5. After the initial hype, algorithms reconsider and realize the exaggerated response. Have we reached the tipping point of AI excitement? The market reacts with skepticism.
🧵 Read more at: https://www.zerohedge.com/markets/apple-spikes-all-time-high-gains-60bn-seconds-report-its-working-own-chatgpt