Apple leads tech selloff as AI stumbles, margin fears mount

MacDailyNews
Feb 13, 2026, 1:01 pm160 ptsTrending
Apple spearheaded a renewed sell-off in technology stocks Thursday, plunging 5% and erasing roughly $200 billion in market value—its steepest single-day decline in months. The slide intensified as sector sentiment soured following Cisco’s warning that escalating memory chip costs were squeezing profitability,…

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