Apple Shares Plummet: Siri AI Delays & Regulatory Scrutiny Trigger Worst Day Since April

• Apple shares dropped 5% on Thursday, February 12, marking their worst session since April.
• The decline was triggered by reports of delays to the Siri AI update and regulatory scrutiny over Apple News.
• Bloomberg reported an internal pushback of the AI-powered Siri update to May or later, initially expected in weeks.
• Federal Trade Commission Chair Andrew Ferguson asked Tim Cook to review Apple News's content curation policies amid allegations of bias.
• The stock's fall erased year-to-date gains, despite Apple beating Q1 earnings expectations, amidst broader AI overspending concerns.