Apple shares traded in a volatile range during the week of June 1, 2026, closing at $306.31 on June 1 before surging to an intraday high of $316.94 on June 3 and settling near $311.23 by June 4. The move higher reflected strong trader focus on the upcoming Worldwide Developers Conference and continued services revenue momentum, with recent data showing app store AI-related revenue up sharply year-over-year. Analysts noted solid ecosystem strength and an unchanged $340 price target, yet flagged potential deceleration in core app store growth as a swing factor. Broader tech sector rotation and AI supply-chain updates also influenced positioning ahead of the next earnings release scheduled for late July.