Apple stock losing safe haven allure amid AI, China headwinds

For years, investors have viewed Apple stock as a potential safe haven during periods of market instability. However, that perception has not held true in the current climate. Late-to-AI Apple has experienced significant declines in recent trading sessions, worsening its year-to-date underperformance as a mounting array of risks overshadows the company’s historically strong positives.
Ryan Vlastelica for Bloomberg News:‎While Apple offers steady earnings growth and sits on a mountain