Amazon (NASDAQ: AMZN) and Apple (NASDAQ: AAPL) are two of the most iconic companies in the world. *Stock prices used were the afternoon prices of May 22, 2025. The video was published on May 24, 2025.

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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Shares of consumer tech giant Apple (NASDAQ: AAPL) traded over 5% higher, as of 11:51 a.m. ET today, after officials from the U.S. and China announced a 90-day pause on extremely high tariffs rates, setting the stage for a broader trade agreement.

Apple supplier Foxconn will invest $1.5 billion in its India unit, the company said in a filing, as the iPhone maker shifts more manufacturing out of tariff-hit China.

Nvidia ( NVDA -0.99%), Apple ( AAPL -0.98%), and Microsoft ( MSFT -0.21%) are the three most valuable stocks in the world right now, with market caps north of $3 trillion. They are prominent names in tech, and all stand to benefit significantly from artificial intelligence (AI) as they enhance their existing products and services.