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Paradis says Apple stock turns negatively correlated with Nasdaq 100 for first time

NewsFeeds update

Paradis says Apple stock has become negatively correlated with the Nasdaq 100 ETF (QQQ) for the first time, with the market treating Apple as a haven from AI capital spending.

MacroOdailyAINeutral

Read the original on Odaily

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Every Macro update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Not investment advice.