Siri’s next act
6/9/20265 min
Apple (AAPL) WWDC 2026: New Siri, iOS, and AI updates galore. (00:14) Sirius XM (SIRI) to join S&P MidCap 400; shares move higher. (01:37) Costco Wholesale (COST) lowers prices on select Kirkland brand items. (01:58)
Episode transcripts seekingalpha.com/wsb.
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Transcript preview
First 90 secondsJulie Morgan· Host0:00
[instrumental music] Welcome to Seeking Alpha's Wall Street Breakfast, where we cover the top news for investors every morning. It's always good to be with you. Today is Tuesday, June 9th. I'm Julie Morgan. The new Siri is here. Apple finally made good on its word on Monday after months and years of speculation, broken promises, and updates. The tech giant unveiled Siri AI at its annual Worldwide Developers Conference. Siri AI uses Apple Intelligence to tap into its capabilities and comes with a dedicated app. It can look up information, set reminders, provide details of photos, and work with visual intelligence. For example, with visual intelligence, a person can point their camera at a plate of food and get nutrition facts, or take a photo of a bill and decide how to split it. Apple CEO Tim Cook said that developers are building more apps than ever now with more than 1,000 submissions every hour. The senior vice president of software engineering said, unlike others, Apple is taking privacy into account and not just doing AI just for the sake of it. They went on to say that Apple believes privacy with AI is non-negotiable. The VP also talked up Apple's partnership with Google Gemini. In addition, the company overhauled iOS ahead of the likely release of a foldable iPhone later this year. You can find a full breakdown of the updates. A link to this story is in the show notes section.