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Wedbush slams Trump's tariff plan as 'Econonic Armageddon'
Proactiveinvestors NA· 2025-04-03 13:54
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Tech stocks sink after Trump tariff rollout — Apple heads for worst drop in 5 years
CNBC· 2025-04-03 13:34
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.Technology stocks plummeted Thursday after President Donald Trump's new tariff policies sparked widespread market panic.Apple led the declines among the so-called "Magnificent Seven" group, dropping more than 8%. The ...
Markets Shudder: Here's What Stocks Are Losing The Most In Tariff Selloff
Forbes· 2025-04-03 13:14
ToplineStocks nosedived across the board Thursday as Wall Street largely panned the highly aggressive tariffs announced by President Donald Trump, sending major indexes toward what could be their worst daily losses in years, and several prominent names were hit particularly hard by the latest tariff developments.Traders work on the floor of the New York Stock Exchange at the start of President Donald Trump's ... More news conference on tariffs Wednesday.Getty Images Key FactsThe blue chip Dow Jones Industri ...
Markets Gird For Rough Day: Here's What Stocks Are Losing The Most In Tariff Selloff
Forbes· 2025-04-03 13:14
ToplineStocks nosedived across the board Thursday as Wall Street largely panned the highly aggressive tariffs announced by President Donald Trump, sending major indexes toward what could be their worst daily losses in years, and several prominent names were hit particularly hard by the latest tariff developments.Traders work on the floor of the New York Stock Exchange at the start of President Donald Trump's ... More news conference on tariffs Wednesday.Getty Images Key FactsThe blue chip Dow Jones Industri ...
Apple stock drops as investors weigh tariff impact
Proactiveinvestors NA· 2025-04-03 12:49
About this content About Angela Harmantas Angela Harmantas is an Editor at Proactive. She has over 15 years of experience covering the equity markets in North America, with a particular focus on junior resource stocks. Angela has reported from numerous countries around the world, including Canada, the US, Australia, Brazil, Ghana, and South Africa for leading trade publications. Previously, she worked in investor relations and led the foreign direct investment program in Canada for the Swedish government ...
Apple production hubs hit by tariffs, sending shares plummeting
Techxplore· 2025-04-03 12:41
This article has been reviewed according to Science X's editorial process and policies . Editors have highlighted the following attributes while ensuring the content's credibility: Credit: Unsplash/CC0 Public Domain Apple Inc. is finding itself squarely in the crosshairs of President Donald Trump's new tariffs, even after a years-long effort to insulate the iPhone maker from trade wars and supply chain disruptions. A long list of levies unveiled by the White House are poised to hit the company especially ...
Apple is getting screwed by Trump's tariffs
Business Insider· 2025-04-03 12:28
Tim Cook might be out of luck this time: Donald Trump's "Liberation Day" tariffs look like they're about to hit Apple hard. A long-expected executive order signed by the president on Wednesday introduced a 34% tariff on goods from Apple's most important manufacturing hub — China. It adds to an existing 20% tariff, meaning the effective tariff rate on the country is now 54%.China has long been its central hub for manufacturing and assembling everything from iPhones to MacBooks. Tariffs now threaten to raise ...
Prediction: 4 Artificial Intelligence (AI) Stocks That Could Be Worth More Than Apple by 2030
The Motley Fool· 2025-04-03 10:15
Apple (AAPL 0.40%) is the world's largest company -- by about half a trillion dollars as I write this. So surpassing it in value is not a thing just any company can do. But I'm willing to make the bold prediction that there are stocks that could be bigger than Apple by 2030. In fact, considering the current state of Apple's business and the growth trajectories of some of its competitors, I think it's highly likely that Apple will lose its title of the world's largest company within the next few years.There ...
Apple Leads Premarket Slide In Tech Stocks As Trump's Reciprocal Tariffs Trigger Global Selloff
Forbes· 2025-04-03 10:08
ToplineU.S. futures indexes fell sharply early on Thursday, led by a deep slide in major tech stocks, while global markets also faced a major selloff after President Donald Trump’s sweeping reciprocal tariffs raised fears of a global trade war and recession.Apple CEO Tim Cook (C) seen behind US President Donald Trump (R) and US Vice President JD Vance (L) ... More after the two were sworn into office at an inauguration ceremony in the rotunda of the United States Capitol in Washington, DC.Getty Images Key F ...
Here's where Apple makes its products — and how Trump's tariffs could have an impact
CNBC· 2025-04-03 08:37
Apple's iPhone 16 at an Apple Store on Regent Street in London on Sept. 20, 2024.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.U.S. President Donald Trump laid out "reciprocal tariff" rates on more than 180 countries on Wednesday.China will face a 34% tariff, but with the existing 20% rate, that brings the true tariff rate on Beijing under this Trump term to 54%, CNBC reported. Ind ...