Apple Shares Tumble 5% Amid Siri AI Delay and Regulatory Scrutiny
Apple Inc. (AAPL) faced its sharpest single-day decline since April 2025, with shares plummeting 5% following news of delayed Siri AI enhancements and mounting regulatory pressures. The tech giant's stock erased all 2026 gains, now down nearly 4% year-to-date.
Integration challenges with Google's Gemini AI system have pushed Siri's anticipated upgrade to May at the earliest, with Apple opting for a phased rollout. Meanwhile, the Federal Trade Commission has initiated a review of Apple News' curation algorithms following bias allegations.
The selloff reflects broader market jitters about tech sector volatility, particularly as regulatory oversight intensifies. Apple's reliance on external AI partners signals a strategic pivot that mirrors industry-wide adaptation to the generative AI revolution.
