Apple stock is becoming investors' go-to hedge as the AI trade wobbles

What happened

Apple's 30-day correlation to the Nasdaq-100 hit its most inverse level since 2005, according to a CNBC analysis

Summary assembled by rule from the sources below

Timeline

1. 13:29
   First appeared on Yahoo FinanceYYahoo Finance
2. 13:30
   Quartz started reportingQQuartz

Sources