Jim Cramer: Apple’s stock price rises first then falls, with Siri AI sparking a “buy rumor” typical trade
Apple (AAPL) shares hit an intraday all-time high during the June 9 WWDC 2026 keynote, after announcing Siri AI messages were preceded by a rally of more than 3%; but after WWDC ended, the stock price turned down by more than 1%. Jim Cramer of CNBC’s Investing Club characterized this move as a typical trading pattern of “buy the rumor, sell the news,” and said he has repeatedly seen similar patterns around major Apple releases in the past. Siri AI Features Confirmed at WWDC 2026 According to App
MarketWhisper·06-09 02:54
