Technology

The pressure followed Wix’s announcement that it would cut about 1,000 jobs, equal to roughly 20% of its workforce, while lowering its 2026 bookings and revenue outlook. The combination of a large restructuring and weaker guidance put investors on alert.

Key HighlightsApple (AAPL) plans to debut a more conversational, AI-powered Siri later this year, expanding Apple Intelligence across devices and apps.Despite the upgrade, AAPL shares fell about 2% as investors were underwhelmed by the announcement.The reaction reflects high expectations for Apple's artificial intelligence roadmap …