Trump trolls Apple, stocks slide in volatile week
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Apple’s stock has sold off on tariff fears, but the company still has a healthy business underpinned by a sticky ecosystem and robust array of services offerings.
Apple stock price has sold off this year, making it the top laggard in the Magnificent 7 group. What next for the AAPL shares this year?
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24/7 Wall St. on MSNThe Mag 7 Can Lead This Rebound, Buy Apple and Alphabet Stock, Says ProThe Magnificent Seven stocks have done more of their fair share of the heavy lifting amid the latest rebound from the Trump tariff sell-off worsened by the infamous Liberation Day, which effectively saw Trump add salt into the wounds of a market already feeling the sting of prior tariff threats.
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Kraken will list more than 50 tokenized stocks and ETFs, such as Apple (AAPL), Tesla (TSLA) and Nvidia. The move makes crypto-style 24/7 trading available for traditional equities, broadening access to some of the largest tech stocks, as per Wall Street Journal.
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When you come upon a winning stock in your portfolio, it’s a good idea to hang onto it and let your shares appreciate in value. Doing so could be a winning formula for your retirement — provided you do that across a diverse mix of stocks.
Wall Street had its worst week since early April after President Trump said he would impose steep tariffs on E.U. goods and targeted Apple with a tax on foreign-made iPhones.
The company plans to cut roughly 2,500 jobs as it grapples with the effects of the Trump administration’s [crackdown on federal contracting](