Wall Street’s main indexes fell on Friday after U.S. President Donald Trump recommended 50% tariffs on the European Union, while Apple slid after he warned the company would have to pay tariffs if iPhones were not made in the United States. “The European Union, which was formed for the primary purpose of taking advantage of…
Capitalmind CEO Deepak Shenoy has voiced his support for US President Donald Trump, backing his call for Apple CEO Tim Cook to halt the expansion of manufacturing in India for iPhone devices destined for American consumers. But why? Well, Shenoy believes there is no need to be “antsy” about Trump telling not to build in…
Alphabet share price fell sharply on Wednesday, tumbling over 7% following reports that Apple Inc. is planning to integrate AI-powered search options into its Safari browser. Google-parent Alphabet shares closed 7.51% lower at $152.80, wiping out approximately $150 billion in market capitalization. The development marks a significant setback for Google, whose core advertising business heavily…
Berkshire Hathaway annual shareholder meeting 2025: Ace investor Warren Buffett presided over his 60th Berkshire Hathaway shareholder meeting on Saturday, May 3, and spoke on a range of topics, including trade policies and investment opportunities for the multinational conglomerate. Buffett was joined on stage by Berkshire’s top executives, Greg Abel and Ajit Jain. The chairman…
Wall Street investors in the week ahead will have plenty of economic data and quarter results from four of the seven magnificent companies. Amid uncertainty over tariffs battle between the United States and China, market participants will closely watch key economic data including GDP numbers for first quarter, consumer spending for March, Federal Reserve’s preferred…
Apple Inc.’s iPhone unit shipments surged 10% in the first quarter as part of an effort to accelerate deliveries and avoid expected tariffs on China, according to industry tracker IDC. The company shipped 57.9 million units during from the beginning of January through March, a rise from the 52.6 million units it delivered in the…
US President Donald Trump has been doubling down on countries by imposing extraordinary tariffs on them, in a bid that he says will bring back manufacturing to America. With China hit with a massive 145 per cent tariff, companies like Apple might be forced to move their manufacturing units to the US. The White House…
US Stock Market: Apple Inc. shares are poised to be in focus on Monday, April 14, after U.S. Commerce Secretary Howard Lutnick clarified that the nation will soon impose a set of “special tariffs” on all smartphone and computer imports into the western nation. Lutnick, in an interview with ABC News on Sunday, April 13,…
Apple Inc. has managed to dodge its biggest crisis since the pandemic — for the moment, at least. Donald Trump’s 125% tariffs on goods produced in China threatened to upend its supply chain as seriously as the Covid snarls did five years ago. On Friday night, the US president handed Apple a major victory, exempting…