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Tech stocks sink after Trump tariff rollout — Apple heads for worst drop in 5 years
Technology

Tech stocks sink after Trump tariff rollout — Apple heads for worst drop in 5 years

CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai, and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th U.S. president in the U.S. Capitol Rotunda in Washington, Jan. 20, 2025. Saul Loeb | Via Reuters Technology […]

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Stocks making the biggest moves premarket: Nike, Apple, Ford, Deckers and more
Finance

Stocks making the biggest moves premarket: Nike, Apple, Ford, Deckers and more

Check out the companies making headlines before the bell. Lululemon – Shares tumbled more than 12% on the heels of President Donald Trump’s new wide-ranging tariffs . According to an SEC filing , the company sourced 40% of its products from Vietnam in 2024 – a country that was slammed with a 46% tariff. Almost […]

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Here’s where Apple makes its products — and how Trump’s tariffs could have an impact
Technology

Here’s where Apple makes its products — and how Trump’s tariffs could have an impact

Apple’s iPhone 16 at an Apple Store on Regent Street in London on Sept. 20, 2024. Rasid Necati Aslim | Anadolu | Getty Images Apple has made moves to diversify its supply chain beyond China to places like India and Vietnam, but tariffs announced by the White House are set to hit those countries too. […]

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CNBC Daily Open: Trump shows no mercy with his tariffs — and stocks suffer
World

CNBC Daily Open: Trump shows no mercy with his tariffs — and stocks suffer

U.S. President Donald Trump speaks during a “Make America Wealthy Again” trade announcement event in the Rose Garden at the White House on April 2, 2025 in Washington, DC. Chip Somodevilla | Getty Images Psychologist Carl Jung believed in the “collective unconscious,” a universal mind all humanity is tapped into. In the context of the […]

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Trump’s new tariffs ‘worse than the worst case scenario,’ Wedbush’s Dan Ives says
World

Trump’s new tariffs ‘worse than the worst case scenario,’ Wedbush’s Dan Ives says

President Donald Trump’s extensive tariffs rollout on Wednesday was worse than expected for the market, according to Dan Ives, global head of technology research at Wedbush Securities. On Wednesday, Trump announced plans to impose a 10% baseline tariff on all countries and even higher rates on some nations in particular, like a 34% duty on […]

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Apple leads drop in tech stocks after Trump tariff announcement
Technology

Apple leads drop in tech stocks after Trump tariff announcement

CEO of Meta and Facebook Mark Zuckerberg, Lauren Sanchez, Amazon founder Jeff Bezos, Google CEO Sundar Pichai, and Tesla and SpaceX CEO Elon Musk attend the inauguration ceremony before Donald Trump is sworn in as the 47th U.S. president in the U.S. Capitol Rotunda in Washington, Jan. 20, 2025. Saul Loeb | Via Reuters Apple […]

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Nintendo Switch 2 details: Price, screen size, controllers, microphone chat and games
World

Nintendo Switch 2 details: Price, screen size, controllers, microphone chat and games

Nintendo Switch 2 Courtesy: Nintendo Nintendo revealed the details of the Switch 2, its next game console, in a launch video on Wednesday. The Switch 2 will hit store shelves on June 5 for $449.99. Nintendo will launch game titles including “Mario Kart World” and “Street Fighter 6” alongside the new hardware. The new device […]

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Huawei 2024 revenue surges to near-record high as China smartphone comeback takes hold
World

Huawei 2024 revenue surges to near-record high as China smartphone comeback takes hold

The Huawei booth at the Mobile World Congress in Barcelona, 2025. Arjun Kharpal | CNBC Huawei on Monday reported a sharp jump in 2024 revenue as its core telecommunications and consumer businesses accelerated. Huawei reported revenue for 2024 of 862.1 billion Chinese yuan ($118.2 billion), a 22.4% year-on-year rise. It is the company’s second-highest revenue […]

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These are Wall Street analysts’ favorite Dow stocks heading into the second quarter
World

These are Wall Street analysts’ favorite Dow stocks heading into the second quarter

The beginning of 2025 was a difficult one for the Dow Jones Industrial Average , but analysts are more optimistic on certain stocks heading into the second quarter. The 30-stock Dow has tumbled more than 2% in the first quarter. Chip giant Nvidia has led the decline with its 18% fall, followed by losses from […]

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Intel announces three board members will retire following CEO shake-up
Technology

Intel announces three board members will retire following CEO shake-up

A sign is posted in front of Intel headquarters in Santa Clara, California, on Aug. 1, 2024. Justin Sullivan | Getty Images News | Getty Images Three members of Intel’s board of directors will not stand for reelection in May, the company said in a filing on Thursday. Omar Ishrak, former CEO of Medtronic; Risa Lavizzo-Mourey, […]

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