Apple Beats Tech Slump, Gains 1.8% As Investors Seek Safe Haven

Apple Inc. is trading in the opposite direction of technology stocks and the broader market as investors increasingly view it as an oasis of safety amid fears of artificial intelligence disruption. The iPhone maker's shares were up 1.8% at around 12:30 p.m. in New York on Wednesday, compared with a 2.4% decline in the tech-heavy Nasdaq 100 Index. That means Apple is outperforming by its widest degree since early 2025. The move extends a recent trend, with Apple up nearly 6% to start this month, while the in ...