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Apple Hits All-Time Highs on AI Siri Upgrade—But Is RSI at 79 Worth Chasing?

Apple Hits All-Time Highs on AI Siri Upgrade—But Is RSI at 79 Worth Chasing?

TradingNews24 Editorial Published May 26, 2026 Updated July 6, 2026 0

Market Context

Apple broke to all-time highs on WWDC optimism and AI-driven Siri upside. Services revenue hit records, but the daily RSI is extended. How to play the setup cleanly.

Newsletter – May 26, 2026
Market Analysis & Trading Insights
May 26, 2026

Market Overview

Tuesday's session had a clear winner: Apple. The stock hit all-time highs and is now within striking distance of a $5 trillion market cap, driven by Wall Street upgrades ahead of WWDC and mounting optimism around an AI-enhanced Siri that some analysts think could generate up to $65 billion in incremental revenue by 2030 [1][2]. Bank of America raised its price target and maintained its Buy rating, citing the AI opportunity as the core thesis [3]. That kind of analyst conviction, combined with a modest 1.8% recovery in China shipments [4], gave the stock enough fuel to break out cleanly. The…

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Disclaimer

TradingNews24 provides market analysis and educational information only. This article is not financial advice. Trading involves substantial risk of loss and market analysis can be wrong. Past performance is not indicative of future results. Always conduct your own research before making any trading decision. See our Risk Disclosure, Methodology, and Editorial Policy.

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