Apple stock erases $265 bn in investor wealth in biggest drop since 2025

Apple shares plunged on Thursday after the company raised prices across Macs, iPads, home devices and the Vision Pro. The stock fell as much as 6.6% to an intraday low of $273.75, marking its biggest single-day fall since April 10, 2025. The selloff erased $265 billion in market value and dragged down other "Magnificent Seven" stocks.