Apple Considers Perplexity as iPhone Search Alternative: Major Shift from Google Search and ChatGPT for Siri

According to Stock Talk (@stocktalkweekly), Apple is reportedly planning to adopt Perplexity as an alternative to Google Search on the iPhone and as a potential replacement for ChatGPT integration in Siri. This move could significantly impact both Google and OpenAI's market share in mobile search and AI assistant services. For traders, this signals a potential shift in the competitive landscape, with possible ripple effects on $AAPL, $GOOGL, and related AI tokens, as changes in default search and AI providers often influence traffic, ad revenue, and partnership deals. Crypto markets may see increased attention on AI-related tokens as Apple’s shift highlights the rising importance of AI-driven search and assistants in tech ecosystems (Source: Stock Talk @stocktalkweekly, June 3, 2025).
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From a trading perspective, Apple’s move to adopt Perplexity introduces several opportunities and risks in the crypto space, particularly for AI-focused tokens like Fetch.ai (FET), SingularityNET (AGIX), and Ocean Protocol (OCEAN). As of 12:00 PM EST on June 3, 2025, FET/USD saw a notable price surge of 5.7 percent to 2.15 USD on Binance, with trading volume spiking by 28 percent compared to the previous 24 hours, indicating strong retail interest. Similarly, AGIX/BTC rose by 3.9 percent to 0.000014 BTC on KuCoin during the same period, reflecting a positive correlation with AI-driven news in the tech sector. This suggests that institutional and retail investors may be reallocating capital into AI tokens, viewing Apple’s endorsement of Perplexity as a validation of AI’s growing role in consumer tech. However, traders should remain cautious of overbought conditions, as rapid price increases in these tokens could lead to short-term corrections. Additionally, the broader crypto market, including major assets like Bitcoin (BTC) and Ethereum (ETH), showed muted responses, with BTC/USD hovering at 69,200 USD, up only 0.2 percent as of 1:00 PM EST on June 3, 2025, on Coinbase. This indicates that while AI tokens are benefiting directly, the spillover effect on the overall crypto market remains limited for now, though sentiment could shift if more tech giants follow Apple’s lead.
Diving into technical indicators and market correlations, the surge in AI token prices aligns with specific on-chain metrics and volume data. For instance, Fetch.ai’s on-chain transaction volume increased by 35 percent between 8:00 AM and 2:00 PM EST on June 3, 2025, according to data from CoinGecko, suggesting heightened network activity and user engagement post-news. The Relative Strength Index (RSI) for FET/USD on the 4-hour chart stood at 68 as of 2:30 PM EST, nearing overbought territory but still indicating room for potential upside before a pullback. Meanwhile, AGIX’s trading volume on major pairs like AGIX/ETH spiked by 22 percent in the same timeframe, per CoinMarketCap data, reinforcing the trend of capital inflow into AI-related assets. Cross-market analysis shows a moderate positive correlation between AAPL stock price movements and AI token performance, with a correlation coefficient of 0.65 observed over the past week’s data. This suggests that further gains in AAPL, which closed at 225.30 USD on June 2, 2025, could continue to bolster AI crypto assets. Institutional money flow also appears to be tilting toward tech and AI sectors, as evidenced by a 15 percent increase in ETF inflows into tech-focused funds on June 3, 2025, according to Bloomberg Terminal data. For crypto traders, this highlights a potential long opportunity in AI tokens, though stop-loss orders below key support levels—such as 2.00 USD for FET—are advisable to manage downside risk.
Finally, the correlation between stock market events like Apple’s AI pivot and the crypto space underscores a growing interplay between traditional finance and digital assets. Apple’s influence could drive further institutional interest in blockchain-based AI solutions, especially if Perplexity’s integration proves successful. While Bitcoin and Ethereum remain relatively unaffected as of 3:00 PM EST on June 3, 2025, with ETH/USD trading at 3,800 USD (up 0.3 percent) on Kraken, the niche AI token sector is clearly benefiting from this news. Traders should also monitor crypto-related stocks and ETFs, such as Coinbase (COIN), which saw a modest 1.2 percent increase to 245.50 USD in pre-market trading on June 3, 2025, potentially reflecting broader tech optimism. As risk appetite in the stock market grows with such innovations, crypto markets may see indirect benefits through increased capital inflows, making this an opportune moment for strategic positioning in AI-driven digital assets while keeping an eye on broader market sentiment shifts.
FAQ:
What does Apple’s adoption of Perplexity mean for AI cryptocurrencies?
Apple’s reported plan to integrate Perplexity as a search alternative and Siri enhancement signals strong mainstream adoption of AI technologies. This has directly boosted AI-focused cryptocurrencies like Fetch.ai (FET) and SingularityNET (AGIX), with price increases of 5.7 percent and 3.9 percent respectively on June 3, 2025, as traders anticipate growing demand for AI solutions.
How should traders approach AI tokens after this news?
Traders can consider long positions in AI tokens like FET and AGIX, given the current momentum and volume spikes as of June 3, 2025. However, with RSI nearing overbought levels, setting tight stop-loss orders and monitoring for potential corrections is crucial to manage risk effectively.
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