apple Fresh off its worst day for the stock market since April, reports of Siri delays surfaced and the company’s news app faced regulatory review.

The stock fell 5% on Thursday, erasing this year’s gains and putting it down nearly 4% in 2026.

long awaited AI Update to iPhone manufacturer’s Xili Personal assistants have been delayed internally until May, and possibly later, Bloomberg reported Wednesday.

The update is expected to roll out within a few weeks, but the company may roll out the features slowly over several months, the report said.

Apple told CNBC it’s still on track to launch in 2026.

On Wednesday, Federal Trade Commission Chairman Andrew Ferguson tell apple CEO Tim Cook Review Apple News’ Terms of Service and Curation Policies.

Ferguson cited recent “reports” that Apple News is promoting left-leaning news outlets while suppressing conservative content.

Last month, Apple beat Wall Street expectations report First quarter earnings. However, Wall Street has recently been concerned that big tech companies are spending too much on artificial intelligence, causing the stock to fall.

Tuesday, UBS Downgrade The U.S. technology sector was revised to neutral, citing “software uncertainty” and heavy capital expenditures. Software stocks have sold off over the past week as investors became cautious about the sector.

— CNBC’s Steve Kovach contributed to this report.