Tech giant Apple could be hit hard if Donald Trump decides to unleash trade tariffs on China after the firm revealed a shock drop in iPhone sales in the Chinese market. Apple reported its total revenue from the Far Eastern nation registered £14.3 billion for the last financial year, an 11% decrease from the previous year.
Investing.com - U.S. stock futures pointed higher on Friday, with investors pouring through fresh tariff threats from U.S. President Donald Trump and a raft of tech earnings, including iPhone-maker Apple (NASDAQ:AAPL).
U.S. stock market futures higher traded higher on Friday, getting a boost from a small earnings beat at Apple but with looming tariff developments threatening to upend the momentum. Dow Jones Industrial Average futures rose 113 points, or 0.3%, to 45168. S&P 500 futures gained 25 points, or 0.4%, to 6124.
The Trump tariffs could financially hit Apple's chip production partnership with TSMC, after the President insisted the import taxes will be applied to semiconductors and other specific industries in the near future.
Trump's virtual appearance at the World Economic Forum annual meeting in Davos was full of promises and threats.
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President Donald Trump hit the ground running after his inauguration ... Despite this, Google Maps and Apple Maps have not yet been updated to reflect these new names — and realistically might ...
Here are five key things investors need to know to start the trading day: 1. On the board. Stocks were set to trade higher Friday morning, fueled by encouraging earnings reports.
The yen was set for its best January performance since 2018 on Friday, driven by the expectation for Japanese interest rates to keep rising, while the Mexican peso and Canadian dollar held firm ahead of U.
Will opening the gates to placate the US lead to a floodgates open for China scenario?