Apple Stock Plunges 5% Amid Siri Delays and Regulatory Pressure
Apple shares tumbled 5% in Thursday's session, erasing nearly a month of gains as twin headwinds rattled investor confidence. The selloff marks the tech giant's steepest single-day decline since January.
Bloomberg reported pre-market that critical Siri upgrades failed to meet launch readiness, with voice command latency issues persisting. The virtual assistant's performance degradation—particularly in query processing speed—forced Apple to postpone what was meant to be a showcase AI enhancement.
Regulatory scrutiny intensified as FTC Chairman Andrew Ferguson accused Apple News of ideological bias in a letter to CEO Tim Cook. The commission alleges systematic suppression of right-wing perspectives while amplifying left-leaning narratives, raising antitrust concerns about the platform's editorial control.
