The Financial Post reports in its Thursday edition that Apple is providing investors with an appealing alternative to the artificial-intelligence-fuelled volatility that has gripped most much of the stock market in recent weeks. A Bloomberg dispatch to the Post says Apple's 40-day correlation to the Nasdaq 100 Index tumbled to 0.21 last week, the lowest since 2006. Its correlation with the benchmark has been on the decline since May, when it reached 0.92, as Apple's decision to mostly sit out the AI arms race has turned it into an outlier compared with many of its rivals. A correlation of "1" means the two securities are moving in perfect unison, while a reading of "-1" signals they are moving opposite each other. "Apple's lack of correlation is 100 per cent a positive right now," said Art Hogan at B. Riley Wealth. For more than a month, investors have found themselves in an Ai-fuelled "doom loop" of fears that the hundreds of billions of dollars being spent on AI will not pay off and worries that industries from software to wealth management and logistics will be rendered obsolete by the same technology. Apple, meanwhile, does not fit the bill because it sat out the capex spending spree and is not at risk from AI.