Tech stocks today: OpenAI joins Anthropic, SpaceX in filing IPO paperwork, Apple stock falls after WWDC
June 9, 2026
LIVE Updated 24 mins ago
Tech stocks advanced on Tuesday after chip stocks staged a modest recovery the day before, Apple (AAPL) announced its long-awaited AI Siri update, and OpenAI (OPAI.PVT) said it confidentially filed paperwork to go public.
Apple stock fell 1% after the iPhone maker demonstrated its new AI-powered version of Siri and the trust and safety features of iOS 27 at its annual Worldwide Developers Conference (WWDC) on Monday at its Cupertino, Calif., headquarters.
Some strategists chalked up the unenthusiastic investor reaction to a “buy the rumor, sell the news” response, as expectations for Apple’s AI strategy reboot had been building for some time. At the event, Tim Cook received a standing ovation, as it was his last Apple developers conference as CEO.
On Monday afternoon, OpenAI said it confidentially filed paperwork for its initial public offering, setting up a showdown between the AI startup and its rival Anthropic (ANTH.PVT). OpenAI said it has a post-money valuation of $852 billion and that it could take some time before it goes public.
Anticipation also continues to build ahead of the SpaceX (SPAX.PVT) initial public offering on Friday. The IPO is expected to be the largest on record, valuing Elon Musk’s rocket, satellite, and AI company at roughly $1.8 trillion. It could also mint Musk as the world’s first trillionaire.
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