Apple stock becomes hedge as AI trade wobbles in 2026
Apple stock rose 2.6% on Tuesday, outperforming the Nasdaq-100, which declined. The 30-day correlation between Apple and the Nasdaq-100 hit -0.82, indicating inverse movement. Apple's shares have gained 7% in the past month, while the Nasdaq-100 advanced 1%. Analysts note Apple's conservative AI spending has made it a hedge against AI trade volatility. Options market activity showed bullish positioning.






