Apple Inc
Trump advisor Hassett says ‘we don’t want to harm’ Apple with iPhone tariffs
White House economic adviser Kevin Hassett gives a TV interview outside of the White House in Washington, U.S., May 9, 2025. Leah Millis | Reuters National Economic Council Director Kevin Hassett said Tuesday that the Trump administration does not want to “harm Apple” with tariffs. “Everybody is trying to make it seem like it’s a catastrophe if there’s […]
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India’s iPhone exports to the U.S. soared an estimated 76%. But Trump, Beijing won’t make further growth easy
“This latest trade war with China, is the type of disturbance that Apple has long been trying to prepare itself for,” says Le Xuan Chiew, a research manager at Omdia. Kevin Carter | Getty Images News | Getty Images Shipments of iPhones from India to the U.S. rose 76% in April year on year, estimates […]
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Dow futures rise 400 points after Trump announces extension on EU tariff: Live updates
Traders work on the floor of the New York Stock Exchange on May 21, 2025. NYSE Stock futures jumped Monday night after President Donald Trump said over the holiday weekend that he agreed to delay tariffs of 50% on the European Union. Dow Jones Industrial Average futures added 407 points points, or 1%. S&P 500 […]
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CNBC Daily Open: Investors don’t feel as threatened by Trump’s tariffs
U.S. President Donald Trump gives a speech, during the commencement ceremony at West Point Military Academy in West Point, New York, U.S., May 24, 2025. Nathan Howard | Reuters If U.S. President Donald Trump follows up on his threat of 50% tariffs on the European Union, he’d be imposing higher duties on America’s ally compared […]
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Steve Jobs once called designer Jony Ive his ‘spiritual partner’ at Apple—OpenAI just bought his tech startup for $6.4 billion
OpenAI CEO Sam Altman called Jony Ive “the greatest designer in the world” on Wednesday after announcing his company’s plan to buy Ive’s artificial intelligence device startup io, in a deal worth $6.4 billion. The deal signals OpenAI’s intention to build consumer devices, likely meant to get more people using its AI services regularly. Altman […]
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Amid the volatility, these high-quality assets have attractive valuations — and solid yields
One place investors can turn to in this volatile market is agency mortgage-backed securities, according to Janus Henderson. The assets —debt obligations created out of a pool of mortgages and backed by the federal government — have historically been resilient in market selloffs, explained John Kerschner, head of U.S. securitized products and a portfolio manager […]
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How big European Union tariff could backfire on Trump, according to trade, freight experts
US President Donald Trump prepares to sign executive orders in the Oval Office of the White House in Washington, DC, on May 23, 2025. Mandel Ngan | Afp | Getty Images President Trump’s social media tariffs threats against Apple and the European Union reflect a worrying issue for the markets and economy, according to trade […]
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Stocks making the biggest moves midday: Apple, Ross Stores, Intuit, Booz Allen Hamilton and more
Check out the companies making headlines in midday trading: Booz Allen Hamilton — Shares of the consulting firm lost 15% after Booz Allen Hamilton said it would cut roughly 2,500 jobs, or 7% of its workforce, citing a slowdown in some government spending under the Trump administration and expected ongoing pressure on its business in […]
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Stocks making the biggest moves premarket: Apple, Tesla, Intuit, Ross Stores and more
Check out the companies making headlines before the bell: Apple — The tech giant saw shares fall 3.5% in premarket trading after President Donald Trump said in a social media post that Apple will have to pay a tariff of 25% or more for iPhones made outside the U.S. Nuclear stocks — Stocks tied to […]
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Why Trump’s iPhone tariff threat might not be enough to bring production to the U.S.
FILE PHOTO: Apple CEO Tim Cook escorts U.S. President Donald Trump as he tours Apple’s Mac Pro manufacturing plant with in Austin, Texas, U.S., November 20, 2019. Tom Brenner | Reuters The once-solid relationship between President Donald Trump and Apple CEO Tim Cook is breaking down over the idea of a U.S.-made iPhone. Last week, […]
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