Apple Stock Down 7% in 2026: Is the Google Gemini Deal a Buy Signal?

Here’s a fun fact: Apple is down almost 7% this month. The S&P 500? Up nearly 2%.

For a company that’s supposed to be one of the “Magnificent Seven” tech giants, that’s not just bad, it’s embarrassing. And Wall Street is starting to wonder if Apple has permanently lost its mojo.

The groundhog day downgrade

If you’re an Apple shareholder, 2026 probably feels like déjà vu. Because for the third consecutive year, Apple kicked off January with analyst downgrades.