Apple stock rises 28% in 2026 as AI stocks wobble: Why investors are betting on the iPhone maker
New Delhi, Oct. 22 -- Apple Inc. has emerged as one of the most reliable trades in the stock market as sentiment towards artificial intelligence (AI) swings wildly. While AI stocks face volatility amid concerns over rising infrastructure spending, the iPhone maker's shares have continued to climb, making it a preferred choice for investors seeking exposure to Big Tech without taking on the same level of risk.
According to a Bloomberg report, Apple's stock has risen 28% in 2026, making it the biggest contributor to the S&P 500 Index's 12% climb. It is also the best performer among the Magnificent Seven technology giants this year, marking a sharp reversal from 2025, when its 8% gain placed it near the bottom of the group.
The report said...
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