Live from the NASDAQ market site in the heart of New York City's Times Square, this is fast money.

Here's what's on tap tonight.

Tim Cook's last dance did the outgoing Apple CEO deliver at his final worldwide developers conference

and will the tech giant's long-awaited AI rollout, satisfy consumers and shareholders.

An inside Intel's rebound, the semi-stock recouping Friday's big losses, but is the move warranted in what's it mean for the rest of the semi-trade? Plus oil stocks get energized, old dominion trucks to new highs, and Lillian Nova move in very different directions after the latest updates on their weight loss pills. We'll dive into the data at details and what is next for both these stocks. I'm Melissa Lee, home to you live from studio, Be at the Dasak on The Death Tonight. Tim Seymour, Steve Rosso, Dan Nathan, and Guy Adami. We start off with the biggest reveals from Apple's WWDC, the last one with CEO Tim Cook at the helm. The company announcing the long-awaited revamp of Siri AI as well as other new features and updates.

Shareholders don't seem to be too impressed the stock hitting a record intraday, but closing nearly 2% lower.

McKenzie Sigales is the latest from Cupertino. Hey, Mac.

Hey, Mel. So the best way to think about WWDC this year is in two buckets, what Apple gave us and what it didn't.

Now, what we got was functional generative AI branded as Siri AI.

It's more conversational, has a standalone app, can understand what's on your screen, and draw on personal context.

But what we didn't see was a fully agentic experience, the version that's booking your dinner reservation or calling your car. Now, under the hood, Apple announced a new generation of its own LLMs built with Google Gemini.

They run on-device and through private cloud compute.

But notably, Apple waited until a post-K keynote briefing to unveil a model it says is on par with frontier LLMs

and powerful enough that Apple will actually need to rely on

Nvidia chips and Google Cloud for some of that compute.

Now, other omissions help explain the stock move. No John Turnus on stage, no groundbreaking

agenetic capabilities, and also missing is a path to monetize AI through its services business.

But Mel, functional AI, it does open up the

product roadmap for Apple. Yeah. And Mac, they also talked about limiting usage, which I thought

was really interesting because that seemed to be the recognition of how much something will cost

and maybe a teaser is to, you know, people get hooked on this and maybe down the line they charge for it.

Well, precisely. And that's really where you see the most upside, where we may get a bounce back

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