Trump Threatens New Tariffs On Apple And EU
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Apple stock price has sold off this year, making it the top laggard in the Magnificent 7 group. What next for the AAPL shares this year?
When you come upon a winning stock in your portfolio, it’s a good idea to hang onto it and let your shares appreciate in value. Doing so could be a winning formula for your retirement — provided you do that across a diverse mix of stocks.
4don MSN
Nine American companies are currently valued at $1 trillion or more, but only three of them graduated into the ultra-exclusive $3 trillion club: Microsoft ( MSFT -0.82%): $3.4 trillion. Nvidia ( NVDA -1.02%): $3.3 trillion.
President Trump lashed out at Apple CEO Tim Cook as he wielded more tariff threats against the European Union pressuring U.S. stocks which are on pace for weekly losses. The 10-year Treasury yield hovered near 4.
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Key Takeaways U.S. equities fell at midday as President Donald Trump threatened tariffs on Apple iPhones and European Union products.Deckers Outdoor withheld its full-year outlook, blaming uncertainty over tariffs.
OpenAI said Wednesday that it was buying a start-up owned by Jony Ive, Apple’s former chief design officer, for $6.4 billion. The all-stock deal to acquire artificial intelligence device-maker io includes OpenAI’s current stake in the company.
The all-stock deal with OpenAI values Ive’s AI hardware startup io at $6.5 billion—and is set to be a major windfall for the man who designed the iPhone.