Apple reclaims safe-haven status amid waning AI trade confidence
Amid a broad selloff that grounded soaring AI stocks from Nvidia to Palantir Technologies, Apple emerged unscathed.Cupertino posted a modest gain as the Nasdaq 100 dropped 1.6%, echoing Tuesday’s session when Apple edged higher while the index plunged 2.1%. Over the past month, Apple has climbed more than 5%, far outpacing the tech-heavy index’s gain of less than 0.5%.
:The outperformance is a return to form for Apple, whose cash-generating prowess and rock-solid balance sheet
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