Apple shares turned lower as the iPhone maker kicked off its Worldwide Developers Conference Monday. Read more on the event and what's at stake for Apple:

Apple unveiled upgrades to operating systems across its devices on Monday, including overhauled visual elements, a fresh naming system for software updates and new features in its Apple Intelligence suite.

Apple’s reliance on China for both demand and supply has become a double-edged sword. Click here to read an analysis of AAPL stock now.

And in particular, they wanted to see Apple make more progress on the souped-up Siri the company promised at last year’s WWDC. That didn’t happen. In fact, Siri was barely mentioned apart from an early nod from Craig Federighi,

Apple announced on Monday a slew of artificial intelligence features across its software and services and said it will open up the underlying technology it uses for Apple Intelligence, laying groundwork for future advances.