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Apple Announces Worldwide Developers Conference Dates, In-Person Event

The Apple logo hangs in front of an Apple store on March 21, 2024 in Chicago, Illinois. (Getty Images/AFP)
The Apple logo hangs in front of an Apple store on March 21, 2024 in Chicago, Illinois. (Getty Images/AFP)
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Apple Announces Worldwide Developers Conference Dates, In-Person Event

The Apple logo hangs in front of an Apple store on March 21, 2024 in Chicago, Illinois. (Getty Images/AFP)
The Apple logo hangs in front of an Apple store on March 21, 2024 in Chicago, Illinois. (Getty Images/AFP)

Apple has announced their annual developers conference will take place June 10 through June 14.

The big summer event will be live-streamed, but some select developers have been invited to attend in-person events at Apple's campus in Cupertino, California, on June 10.

The company typically showcases their latest software and product updates — including the iPhone, iPad, Apple Watch, AppleTV and Vision Pro headset — during a keynote address on the first day.

Contributing to a drop in Apple’s stock price this year is concern it lags behind Microsoft and Google in the push to develop products powered by artificial intelligence technology.

While Apple tends to keep its product development close to the vest, CEO Tim Cook signaled at the company’s annual shareholder meeting in February that it has been making big investments in generative AI and plans to disclose more later this year.

The week-long conference will have opportunities for developers to connect with Apple designers and engineers to gain insight into new tools, frameworks and features, according to the company's announcement.

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Nvidia’s Market Value Tops $4 Trillion

Nvidia logo is seen in this illustration created on January 27, 2025. (Reuters)
Nvidia logo is seen in this illustration created on January 27, 2025. (Reuters)
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Nvidia’s Market Value Tops $4 Trillion

Nvidia logo is seen in this illustration created on January 27, 2025. (Reuters)
Nvidia logo is seen in this illustration created on January 27, 2025. (Reuters)

Nvidia's stock market value ended the trading session above $4 trillion for the first time on Thursday, solidifying the chipmaker's position as Wall Street's central player in a race to dominate AI technology.

Shares of Nvidia ended up 0.75% at $164.10, giving it a market value of $4.004 trillion and extending its lead over Apple and Microsoft as it benefits from a surge in demand for artificial-intelligence technologies.

Nvidia's stock market value briefly peaked above $4 trillion on Wednesday before closing at about $3.97 trillion. It is worth more than the combined value of all publicly listed companies in the UK.

Nvidia's high-end processors are at the center of a race between Microsoft, Amazon, Alphabet, Meta Platforms and other Wall Street heavyweights to build AI data centers and dominate the emerging technology.

Nvidia is also exposed to conflict between Washington and Beijing over trade, including restrictions on exports to China of its most powerful chips.

"Trade tensions and tariffs are a risk, as is competition. Greater AI adoption could shift part of the demand toward cheaper alternatives," Swissquote Bank senior analyst Ipek Ozkardeskaya wrote in a client note.

Nvidia achieved a $1 trillion market value for the first time in June 2023 and tripled it in about a year, faster than Apple and Microsoft, the only other US firms with market values above $3 trillion.

Microsoft is the second most valuable US company, with a market capitalization of $3.73 trillion. Its shares dipped 0.4% on Thursday.

Apple's stock has tumbled 15% so far in 2025, leaving its market value at $3.17 trillion, reflecting investor worries that the iPhone maker has been slow to introduce AI into its products and services.

Even after its meteoric rally, Nvidia's stock is valued at about 33 times expected earnings, below its five-year average of 41, according to LSEG.