Apple's 40-day correlation to the Nasdaq 100 Index fell to 0.21 last week, the lowest since 2006, making it an appealing alternative to the AI-fueled volatility
It's been nearly 20 years since Apple Inc. was this untethered from its tech peers, giving investors an appealing alternative …
Apple sitting out the AI race has given its stock price an essential feature; stability. — Tech stocks face wild swings as investors debate if AI will kill SaaS businesses or if big tech is overspending. — Meanwhile, Apple avoids these conversations entirely as they remain fo…