Apple, Nvidia and other megacap stocks drag S&P 500 lower as AI spending fears weigh on markets

Apple, Nvidia and other megacap stocks face pressure as AI spending fears weigh on the S&P 500. (Photo by Michael M. Santiago / GETTY IMAGES NORTH AMERICA / Getty Images via AFP) (Getty Images via AFP)

Apple and Nvidia are among the biggest stocks weighing on the S&P 500. Apple and Nvidia may be competing again to become the world’s most valuable company, but the recent weakness in the biggest US stocks is holding back the broader stock market. Apple, Nvidia and other megacap stocks face pressure as AI spending fears … Read more