Apple supplier Luxshare downplays impact of Trump tariffs
- Tesla's stock fell over 10 percent in early trading due to economic instability from Trump's tariffs, reflecting major challenges for the company.
- Apple has faced the sharpest stock decline among major tech firms in response to Trump's announced tariffs on imports, affecting manufacturing costs and potential sales.
- Analysts predict that if reciprocal tariffs are fully enacted, iPhone costs could rise by up to 43%, significantly impacting Apple’s pricing strategy in the U.S. Market.
39 Articles
39 Articles
Apple: US icon crashing through trade war
He invented it, now it becomes a problem for the Apple boss: Designed in California, made in China – this business model could be seriously damaged by Trump's customs policy. Ranking as the world's most valuable corporation is gone.
Magnificent 7 Stocks Apple (Nasdaq: AAPL) and NVIDIA (Nasdaq: NVDA) Slide on Tuesday
The Nasdaq Composite saw gains as high as 4.6% in early trading on Tuesday. Those gains are now gone, with the Nasdaq Composite down .32% as of 2:15 p.m. ET. NVIDIA (Nasdaq: NVDA) was an early leader this morning, with early gains beyond 7%. It’s still outperforming the Nasdaq Composite, but its gains have fallen back to 2% in afternoon trading. On the other end of the spectrum, Apple (Nasdaq: AAPL) is down 2.4%. Let’s look at some of the majo…
Apple's China exposure makes it most vulnerable in US-China trade war
While most major American tech companies have much to lose in a global trade war, Apple – the world's largest by market cap – is the most vulnerable of the so-called "Magnificent Seven" due to its heavy reliance on China. Most of Apple's products, including its best-selling iPhone models, are...Read Entire Article
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