UST 10Y spikes to 5%, hammers markets; AAPL rolls out Siri AI public beta | Daily News Recap
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- The US 10-year Treasury yield surpassed 5%, while China's Ministry of Industry and Information Technology and National Development and Reform Commission jointly issued the 15th Five-Year Plan for the Electronic Information Manufacturing Industry.
- Regulatory bodies and major tech firms implemented significant strategic updates, including Microsoft releasing its draft AI behavioral code and Apple launching public testing for Siri AI alongside iOS 27.
- Corporations like Oracle and Netflix adjusted their operations through workforce reductions and IP partnerships, while Tesla scheduled the Roadster reveal for October 1.