Apple's stock suddenly dropped a few minutes into its WWDC keynote, highlighting relatively slow AI development compared to Big Tech rivals.

Apple is seen as behind the pack in AI, and the company had a chance to change that perception with its WWDC keynote on Monday. But shares fell, suggesting investors weren't too impressed with what the company previewed.

Key Takeaways Apple’s Worldwide Developers Conference keynote Monday delivered "slow but steady improvements to strategy," Wedbush analysts said, “but overall [it was] a yawner."The event introduced an iOS update with some new features,