Apple is being heavily impacted by President Trump's new tariffs, which will affect its supply chain and manufacturing centers in several countries, including China, India, Vietnam, Malaysia, Thailand
As a whole, Magnificent Seven stocks were on pace to drop more than $800 billion in market cap. That reflects how tech stocks have led the broader market amid Thursday's steep sell-off.
The equity markets are seeing a broad selloff in the wake of President Trump's announcement yesterday on reciprocal tariffs, led by “Magnificent 7” stocks.
CNBC's Deirdre Bosa joins 'Money Movers' to discuss how tariffs are impacting the tech sector.
Apple lost more than $250 billion in market value Thursday, with shares down as much as 8.5% as a result of President Donald Trump's tariff spree.
Your favorite iPhone could soon become pricier, thanks to tariffs.
Shares of the “Magnificent 7” - Apple, Microsoft, Amazon, Alphabet, Meta Platforms, Nvidia, and Tesla - fell sharply following US president Donald Trump's sweeping tariff announcement. Apple Inc (
Apple lost a whopping $300 billion in market value in intraday trading Thursday as fears that President Trump's reciprocal tariffs will hammer supply chains sparked a market bloodbath.
Technology stocks are under pressure Thursday, but some members of the “Magnificent Seven” are getting punished more than others as the group collectively tracks toward a $1 trillion loss of marke
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.

Apple Plunges 9 Percent, Leading a Tech Sell-Off

11:16am, Thursday, 03'rd Apr 2025
The company counts on the sale of devices for three-quarters of its nearly $400 billion in annual revenue, and it makes almost all of its iPhones, iPads and Macs overseas.
Apple Inc (NASDAQ:AAPL) was last seen down 8.9% at $203.94, leading Big Tech losses after President Donald Trump announced  sweeping tariffs.
Certainty on tariffs presents an opportunity on markets to build on the "worst case scenario" seen Wednesday, says James Demmert. He still expects the Trump administration to use the tariffs as a trad
Apple Inc AAPL is taking it on the chin as President Donald Trump's surprise tariff barrage sends shockwaves through the tech sector.
Wedbush analysts strongly criticized President Donald Trump's proposed tariffs, calling them "jaw-dropping" and "absurd." They argued that the White House's tariff chart was factually incorrect and mi
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