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Technology@lemmy.worldEnglish · 2 months ago

Apple Hits $5 Trillion Valuation as Investors Flee Heavy AI Stock Spending

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Apple Hits $5 Trillion Valuation as Investors Flee Heavy AI Stock Spending

stermy4u@lemmy.world to

Technology@lemmy.worldEnglish · 2 months ago

9

Apple crossed the $5 trillion market cap as investors dumped AI and chip stocks over high spending concerns while buying up steady iPhone shares.

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2 months ago
I want to believe this is a sign AI investment is drying up, but I know that’s just me being hopeful 🙃

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