Apple shares faced intraday pressure, trading down 0.83% at $274.19 on February 05, 2026, mirroring a broader tech selloff driven by market scrutiny of AI capital expenditure and weakness in peers like Alphabet and AMD.
- The recent decline follows significant gains fueled by a strong Q1 2026 earnings beat (EPS $2.84) and robust iPhone demand, positioning the company near a record $4 trillion market capitalization.
- Despite ongoing regulatory risks from the DOJ antitrust trial and EU DMA issues, Apple's conservative $13 billion 2026 capital expenditure contrasts sharply with heavy outlays by its peers.