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BTCC / BTCC Square / Global Cryptocurrency /
Apple Stock Plummets 5% Amid AI Delays and Regulatory Scrutiny

Apple Stock Plummets 5% Amid AI Delays and Regulatory Scrutiny

Author:
Global Cryptocurrency
Published:
2026-02-13 09:43:02
8
3
BTCCSquare news:

Apple shares suffered their worst single-day decline since April 2025, plunging 5% on Thursday. The sell-off erased all 2026 gains, leaving the stock down 4% year-to-date. Market sentiment turned sharply negative following a double dose of concerning developments.

Bloomberg reported significant delays in Apple's AI-powered Siri upgrade, now pushed to May or later. Technical hurdles plague the virtual assistant's in-app voice command functionality, with unreliable processing and lagging response times. This marks the second major setback for Siri's overhaul after previous features missed their March 2025 launch window.

Regulatory pressures mounted simultaneously as FTC Chair Andrew Ferguson directly addressed CEO Tim Cook regarding potential political bias in Apple News content curation. Investors appear increasingly skeptical about whether AI investments will drive the next iPhone upgrade cycle and sustain revenue growth.

Analysts maintain a Moderate Buy consensus with a $306.89 average price target, suggesting 17.25% upside potential from Thursday's $261.82 close. The trading session saw shares oscillate between $260.18 and $275.72 before settling NEAR session lows.

|Square

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