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Apple's 40-day correlation to the Nasdaq 100 fell to 0.21 last week, the lowest since 2006, making it an appealing alternative to the AI-fueled volatility (Ryan Vlastelica/Bloomberg) from Techmeme RSS feed.
Apple's 40-day correlation to the Nasdaq 100 fell to 0.21 last week, the lowest since 2006, making it an appealing alternative to the AI-fueled volatility (Ryan Vlastelica/Bloomberg)
Ryan Vlastelica / Bloomberg:
Apple's 40-day correlation to the Nasdaq 100 fell to 0.21 last week, the lowest since 2006, making it an appealing alternative to the AI-fueled volatility — It's been nearly 20 years since Apple Inc. was this untethered from its tech peers, giving investors an appealing alternative …