Apple shares emerge as Nasdaq hedge amid AI trading turbulence
AAPL Apple Inc
$325.24 +2.65%
View chart & analysis → - 1Apple (AAPL) rose 2.6% on Tuesday, showing relative strength in a tech selloff
- 2Its 30-day correlation with the Nasdaq 100 hit -0.82, the strongest inverse correlation since 2005
- 3With AI infrastructure costs under scrutiny, a conservative capital-spending stance has bolstered its hedging role within the Nasdaq
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