After an almost 150% rally that’s added about $60 billion in market value, Wall Street thinks Palantir Technologies Inc. has gotten way ahead of itself.

U.S. stocks are falling as some more steam comes out of Wall Street’s huge, record-breaking rally. The S&P 500 dropped 1% in afternoon trading Wednesday. The Dow Jones Industrial Average

Apple on Wednesday released its next set of artificial intelligence (AI) features for beta-testing by developers, with some new AI features set to be released publicly in the iOS 18.1 update next week.

Apple shares fell 2.2% on Wednesday as investors took in headlines about iPhone 16 orders and a preview of new artificial intelligence features. The previewed version of Apple’s mobile operating system gives developers their first chance to test out some of its coolest AI features,

Apple Intelligence has been available to developers and early users, while some features are currently being tested by the public and will be officially released next week with the rollout of iOS 18.1.