Apple stock rises after a three-day stretch that has seen shares of the iPhone maker tumble 19%, Broadcom announces a new buyback program of $10 billion, and Humana, CVS Health, and UnitedHealth jump as Medicare boosts payment rates.
3 minute read
White House Press Secretary Karoline Leavitt says Trump “believes we have the labor, we have the workforce, we have the resources” to make iPhones in America.
1 minute read
Japan’s leaders failed to tariff-proof the country’s economy, William Pesek writes in a guest commentary.
4 minute read
Nippon Steel’s deal for U.S. Steel could be revived, MicroStrategy has an unrealized Bitcoin loss, and more news to start your day.
Long Read
An analysis by New Street Research shows tech hardware across the board will get much pricier.
1 minute read
Shares of Apple, Tesla, and Nvidia extend losses Friday after China says it will impose a 34% retaliatory tariff on all imported goods from the U.S.
4 minute read
President Trump’s tariff shock is forcing a reassessment by countries on how to respond and pushing investors to revise assumptions about profit margins, investments, and inflation.
Long Read
The dip in Korean stocks could be worth buying on, once the smoke clears. Less known to markets are Korean defense stocks, which have been soaring on anticipated demand from a rearming Europe.
3 minute read
Intel stock was dropping after China said it would retaliate against U.S. tariffs, outweighing hopes of a joint venture with Taiwan Semiconductor Manufacturing.
2 minute read
Selling during a market downturn is almost always a bad idea. Some of the market’s best days usually follow its worst days.
3 minute read
For longterm investors, plummeting share prices are often a great time to buy stocks on the cheap.
Long Read
The so-called reciprocal tariffs on Vietnam and other Asian countries were worse than expected, and point to pain ahead for retailers.
4 minute read
Apple and other major U.S. tech stocks tumble after President Donald Trump announces sweeping global tariffs, Nvidia falls even as the White House says tariffs on Taiwan wouldn’t apply to semiconductors, and apparel makers such as Nike drop sharply since they use Asian factories to make most of their products.
3 minute read
The so-called ‘de minimis’ rule has long allowed items under $800 to be shipped free of tariffs and inspections to the U.S.
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The added cost of tariffs will cost Apple more than $33 billion a year, or 26% of its fiscal 2025 operating profits, according to Morgan Stanley.
2 minute read
Tesla deliveries sink as Musk’s brand crisis grows, more TikTok suitors emerging as deadline for app nears, more news to start your day.
Long Read