WS #13360
Apple fell 1.78% while other tech rallied, and faces new antitrust case in Russia and legal challenge in UK over encryption, creating company-specific headwinds. CNBC reports that S&P 500 earnings growth is inflated by investment gains from AI stakes (Anthropic, OpenAI), with underlying growth closer to 29% vs 48% headline, suggesting weaker fundamentals.
Apple Negative Divergence and Regulatory Pressures
Apple fell 1.78% while other tech rallied, and faces new antitrust case in Russia and legal challenge in UK over encryption, creating company-specific headwinds.
CNBC reports that S&P 500 earnings growth is inflated by investment gains from AI stakes (Anthropic, OpenAI), with underlying growth closer to 29% vs 48% headline, suggesting weaker fundamentals.