US Stocks: Apple decouples from Nasdaq as AI ‘whack-a-mole’ grips market
- Posted on February 18, 2026
- By Business News Today
- 2 Views
US Stocks: Apple decouples from Nasdaq as AI ‘whack-a-mole’ grips market
Apple Inc. has sharply decoupled from the Nasdaq 100 Index, with correlation hitting a 20-year low as it largely avoids the AI spending race. Strong iPhone sales and steady outlook offer investors relative stability, despite valuation concerns and slowing growth expectations.