Key Points
- Apple will need to hike prices around 9% to mitigate the effect of tariffs put into place by President Donald Trump, according to Bank of America.
- Apple has been under the microscope amid the ongoing tariff discussions.
Apple will need to raise prices for the iPhone, other products 9% to fully offset Trump’s coming tariffs, estimates Bank of America
Finance
Stocks making the biggest moves midday: Talen Energy, Invesco, Netflix, Coinbase and more
Here are some of the names making big moves in midday trading. Talen Energy – Shares popped more than 23%. Talen said that it has signed agreements to acquire Moxie Freedom Energy Center in Pennsylvania and the Guernsey Power Station in Ohio – a pair of combined-cycle gas-fired plants. The deal comes out to $3.5 […]
Read More
Finance
Stocks making the biggest moves premarket: Netflix, American Express, Chevron, Sarepta Therapeutics and more
Check out the companies making headlines before the bell: Netflix — Shares fell 2% after Netflix warned that operating margin in the second half of 2025 will be lower than the first half because of higher content amortization, as well as sales and marketing costs, because of a larger slate of content. Otherwise, the streaming […]
Read More
Finance
Stocks making the biggest moves midday: Lucid Group, Elevance Health, Albemarle, PepsiCo & more
Check out the companies making the biggest moves midday: Steven Madden — The fashion footwear company jumped more than 5% after Citi upgraded the stock to buy from neutral. The Wall Street firm said the market is underappreciating the acquisition of UK-based Kurt Geiger, while a favorable shift towards dress shoes and away from sneakers […]
Read More