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