"Apple, which has opted to power its AI services through partnerships and avoid the costly arms race for computing infrastructure, is among the 25 worst performing stocks in the S&P 500 Index over the past three weeks."

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Now 87, the optometrist, inventor, and veteran investor has acquired the first production Ferrari Luce, whose design was developed in collaboration with LoveFrom, the creative collective founded by former Apple design chief Jony Ive and Marc Newson.

Read More Early Apple investor buys first Ferrari EV for $40 million