According to CNBC, five small companies represented by Liberty Justice Center, a nonprofit legal aid group, filed the lawsuit in the U.S. Court of International Trade.
In today’s technical analysis video, I’ll break down exactly what this reversal means for Apple stock moving forward, highlighting critical support and resistance levels, and exploring whether tougher times might be ahead for AAPL investors.
Trading direction will largely hinge on any news on tariffs, bond yields, a regional manufacturing activity report for April, and commentary from companies due to report earnings before the market opens.
Meta CEO Mark Zuckerberg defended the company in court Monday as the FTC's landmark antitrust trial seeks to break up its $1.37 trillion empire over alleged monopolistic control of the social media market.
New tariffs on Chinese goods hit Apple and NVIDIA stocks in early April, but recent tariff relief helped them avoid higher import costs, sparking fresh debate on which tech giant is the better investment.
Morgan Stanley now estimates Apple's annualized tariff cost burden to be a much more "manageable" $7 billion, or just 5% of EBIT, versus the $44 billion estimates as of last Thursday.
Apple shares opened in the green this morning after US President Trump agreed to exempt smartphones, computers, and other electronic devices from aggressive tariffs.
There was a bit of green on my screen yesterday morning. Nothing spectacular, mind you, but I said I’d take it for as long as it lasts. Why? Because the markets are forward-looking...
Shares of iPhone and iPad maker Apple (NASDAQ:AAPL) jumped 2.2% in the morning session after reports indicated that smartphones, computers, and a wide range of tech devices and components would be exempt from the reciprocal tariffs on U.S. imports announced on April 2, 2025. The list of spared goods includes chips, solar panels, flat-screen TVs, flash drives, and memory cards.
What we see is a market that failed to be roiled by bond selling or tariff news. We found ourselves recognizing that all really is quiet on the bearish front.
Nio shares traded higher on Monday after President Donald Trump and his administration announced that electronics are exempt from the 145% reciprocal tariffs on Chinese goods.
Micron shares are moving higher on Monday after President Donald Trump and his administration announced that electronics are exempt from the 145% reciprocal tariffs on Chinese goods.
Alibaba shares are trading higher on Monday after President Donald Trump and his administration announced consumer electronics are exempt from the 145% reciprocal tariffs on Chinese goods.
