The whole U.S. stock market is feeling the pain from the sweeping new tariffs that President Trump announced Wednesday after the market closed. As of 1:10 p.m. ET Thursday, the blue chip Dow Jones Industrial Average had fallen by over 1,300 points (3.1%), the broad market S&P 500 was off by 3.9%, and the tech-heavy Nasdaq Composite was down by 4.9%. At that time, shares of Apple (NASDAQ: AAPL) traded more than 8% lower, Meta Platforms (NASDAQ: META) was down more than 6%, and shares of Alphabet (NASDAQ: GOOGL) were off by more than 3%...
Continue ReadingThe tariff-fueled sell-off has erased $800 billion from Magnificent Seven stocks...
Continue ReadingShares of iPhone and iPad maker Apple (NASDAQ:AAPL) fell 9.1% in the morning session after President Trump announced "reciprocal tariffs" on all US imports, set at a minimum rate of 10%...
Continue ReadingApple (AAPL) moving its supply chain and having its products made in the US is a "fantasy tale," Wed...
Continue ReadingInvesting.com -- In February, Apple (NASDAQ:AAPL) CEO Tim Cook was at the White House announcing a plan to invest a massive $500 billion in the U.S. over the next four years. Trump lauded the deal and refers to it frequently to highlight his administration's economic success. However, the agreement hasn’t saved the company from Trump’s newly announced tariffs...
Continue ReadingA Schwab Network commentator unveiled a bearish, short-term option play on Apple (AAPL), while a guest on the same segment expressed bullishness about the stock market’s outlook. A Bearish Options Trade on AAPL “Apple has the most exposure to tariffs” among large tech stocks, Schwab commentator Tom White said. He noted that the company’s products […]...
Continue ReadingYour favorite iPhone could soon become pricier, thanks to tariffs. U.S. President Donald Trump imposed a series of sweeping tariffs on countries around the world that could drastically alter the landscape of global trade, and consumer goods like iPhones could be among the hardest hit, analysts said on Thursday. Most iPhones are still made in China, which was hit with a 54% tariff...
Continue ReadingApple (AAPL) shares were down by 8.4% at the market open on Thursday, leading the decline of Magnificent 7 stocks after President Donald Trump announced “reciprocal tariffs” following the market close on Wednesday...
Continue ReadingApple stock and shares of other tech hardware companies plunged Thursday in response to stiff tariffs imposed late Wednesday by President Donald Trump...
Continue ReadingApple’s costs are about to go way up thanks to tariffs. The biggest question facing the world’s most valuable company now is whether to make customers pay for it—or investors. Apple was the worst hit among megacap tech stocks in the tariff-sparked selloff, given that it is the only one in the group that depends on hardware not made in the U.S. for the majority of its revenue...
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