Market Review and Trends
Top Stock Market Highlights of the Week: Apple, US Federal Reserve and DBS Group
By The Smart Investor  •  June 15, 2024
Welcome to this week’s edition of top stock market highlights.

Apple (NASDAQ: AAPL)

Apple unveiled exciting updates during its recent Worldwide Developers Conference (WWDC) presentation earlier this week. The iPhone maker is making a push into the artificial intelligence (AI) realm in a bid to catch up with rivals within the same space. Branded as “Apple Intelligence”, AI will now be incorporated into the iPhone’s features, including a partnership with OpenAI’s ChatGPT. This technology can help to summarise text, create original images, and retrieve data from any of the apps within the phone based on a query. Apple’s digital assistant, Siri, will also receive a revamp and users can now type messages rather than just speaking to it. Apple Intelligence features will begin rolling out later this year but users will need to have at least an iPhone 15 Pro or Pro Max to operate them. This requirement could result in one of the largest replacement cycles for old...
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By The Smart Investor
The Smart Investor is co-founded by David Kuo, Joanna Sng, and Chin Hui Leong. The company was formed in late 2019 from the ashes of the Motley Fool Singapore. The Smart Investor believes that everybody can learn how to invest, smartly. We aim to educate people on how to invest smartly by providing investing education, stock commentary and market coverage for Singapore and around the world.
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