Apple joins AI race

Marketplace All-in-One

Marketplace

News, Business

4.5 • 1.4K Ratings

🗓️ 10 June 2024

⏱️ 1 minutes

🔗️ Recording | iTunes | RSS

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Summary

Markets climb; Apple announces AI features; Activist investor shakes up Southwest; WNBA gets Caitlin Clark boost.

Transcript

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0:00.0	This is the Marketplace Minute. I'm Megan McCarty Carino.
0:04.4	Markets were up Monday. The Dow gained about 2 tenth percent,
0:07.8	the S&P rose a quarter percent, and the NASDAQ grew almost 4 tenth percent.
0:12.4	Apple announced a slew of new artificial... the NASDAQ grew almost 4 10%
0:12.8	Apple announced a slew of new artificial intelligence-powered features
0:16.8	at its big developer conference today,
0:19.2	well after Microsoft, Alphabet, and Meta.
0:22.4	The maker of the iPhone announced a partnership with
0:24.5	chat gPT, a revamp of the Siri voice assistant, and tools to help users write
0:29.9	texts and edit photos. Shares of Southwest Airlines popped after an activist investor announced a $1.9 billion stake in the company Monday.
0:40.0	The hedge fund Elliot Investment Management is now one of Southwest's largest shareholders
0:44.9	and is calling for leadership changes to revitalize the airline.
0:48.6	And the WNBA has seen average viewership for its games triple and attendance sore this season
0:54.8	after some well-known rookies including University of Iowa star player
0:58.7	Caitlin Clark joined the league. I'm Megan McCarty Carino with the Marketplace Minute.

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