U.S. market fell before the market on Wednesday, focusing on Apple s global developer conference

Tech giant Apple's annual Worldwide Developers Conference (WWDC) disappointed investors. Apple has not released any shocking news in the past two days. On the contrary, the conference just said that artificial intelligence functions will be gathered on the iPhone soon, and vigorously promoted its many software updates.
Although many investors publicly said the conference was "failed" on social platforms, some analysts remain optimistic about Apple and said investors should remain patient so that Apple can develop a long-term AI strategy. (Bloomberg) Tesla's stock price rose 1.58% before trading tonight, and was at $331.25. The company's CEO Elon Musk posted a post on X platform that Tesla is expected to launch driverless taxi services on June 22. But this date may change because Tesla is "extremely careful about security issues". He also expressed regret for some posts about US President Trump last week. There was also a video on social media overnight, showing a driverless Tesla electric vehicle driving on the streets of Austin, Texas. This video excited many Tesla fans. Chip giant Nvidia CEO Jensen Huang reiterated at the VivaTech conference in Paris on Wednesday that quantum computer technology is at a turning point. Technology in this area will solve "some interesting problems" in the coming years. His words drove quantum stocks to rise sharply before the market trading tonight. At the time of press time, both Quantum Computing and Rigetti Computing rose by about 8%; SEALSQ Corp, Quantum Corporation and IONQ rose between 3% and 4%; D-Wave Quantum and Arqit Quantum also rose between 1% and 2%. International Commercial Machinery Corporation (IBM) shares rose slightly by 0.04% before trading tonight, with a deadline of $276.45. IBM released its world's first "Fault-Tolerant Quantum Supercomputer" overnight, allowing its stock price to hit an all-time high at the close of overnight, reaching $276.24. The company aims to get the quantum supercomputer into operation by 2029. Wednesday, let’s take a look at the annual global developer conference of tech giant Apple Inc. The stock fell by 0.14% before trading tonight, and was reported at $202.39. Pre-market active stocks are in sequence: Tesla, Plug Power, Nvidia, Intel and GitLab Inc. At the time of press time, the stock prices of these five active stocks rose and fell mixed.Although many investors publicly said the conference was "failed" on social platforms, some analysts remain optimistic about Apple and said investors should be patient so that Apple can develop a long-term AI strategy.
CFRA Research analyst Angelo Zino expects Apple to resolve Siri integration issues in the next 12 months. "We believe that Siri will be the most valuable ultimate personal AI assistant in the consumer ecosystem. Whether in terms of service or hardware, AI's profit potential remains great, but we also admit that investors need to be patient in the next six to nine months due to insufficient innovation in AI."

Apple has released some small updates to artificial intelligence, including: new real-time translation capabilities and improved visual intelligence capabilities, such as allowing users to shop based on products in screenshots. Apple also fulfilled its promise to open the basic model to external developers as expected. But no mention of the delayed development plan for the Siri voice assistant of artificial intelligence, and the latest schedule of Apple Intelligence features announced at the conference last year. But this is also one of the most concerned things for investors.
Wednesday (June 11) Focus: (NASDAQ: AAPL)UBS's analysis team also said in the analysis report that although some investors may expect "new iPhone shape or 'killer' Apple Intelligence" to stimulate iPhone demand, the news released by Apple actually "compliant with our more moderate expectations." They believe that the market's general expectations for iPhone revenue in the next four quarters are "too optimistic", and that the news at this press conference "has little impact on iPhone sales in the current and subsequent quarters."
The United States and China announced an agreement on the "framework" of the trade agreement, but investors were disappointed by the lack of details. Major index futures in the US Wall Street stock market fell as a result on Wednesday (June 11). Market investors are also waiting for U.S. consumer inflation data to be released later. At the time of press time at 7 o'clock, the Standard & Poor 500 futures fell slightly by 9.50 points or 0.16%, to 6029.30 points; the Nasdaq 100 futures, mainly tech stocks, fell by 42.30 points or 0.19%, to 21,899.60 points; the heavyweight Dow Jones Index futures also fell by 86.40 points, to 42,780.50 points. The Standard & Poole 500 closes higher overnight Tuesday, boosted by rising shares of electric vehicle maker Tesla. Market investors also bet that China-US trade negotiations will achieve positive results, and ultimately the two sides can resolve the tariff dispute that disrupts the global market this year. The Standard & Poor 500 index rose 32.93 points overnight to close at 6030.81 points. The Dow Jones Index rose 105.11 points and closed at 42866.87 points. The Nasdaq 100 index also rose 0.66% or 144.05 points to close at 21,941.92 points. The U.S. stock market was active overnight, with the total trading volume on the exchange being 18.5 billion shares, which is more than the average trading volume of 17.9 billion shares in the past 20 days.