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Apple stock losing safe haven allure amid AI, China headwinds

  • Investors have viewed Apple stock as a potential safe haven, but this perception no longer holds true.
  • Apple is facing significant headwinds, including tariff uncertainty, challenges with artificial intelligence, and risks associated with its partnership with Google.
  • Shares of Apple have dropped 13% this year, and the stock is currently expensive and lacking growth catalysts.
  • The release of the AI-infused Siri digital assistant has been indefinitely delayed, further highlighting Apple's struggles with cutting-edge technology.

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