Apple stock climbs as tech selloff deepens; Alphabet earnings now the next test
Apple shares rose 2.6% to $276.40 Wednesday, bucking a 1.5% Nasdaq drop, then slipped 0.3% after hours. The stock’s outperformance follows strong earnings and a new deal to integrate Google’s Gemini AI into Siri. Apple plans to delay a standard iPhone model in 2026 due to supply-chain issues, Nikkei Asia reported. Traders await Alphabet’s earnings for further signals on AI’s impact.