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Tag: macroeconomy

Apple’s tariff tradeoff: Raise prices, suffer margin hit, or build more products outside of China

Friday, May 17, 2019 2:34 pmFriday, May 17, 20196 Comments

For more than a year, Apple Inc. avoided major damage from the U.S. trade war with China…

Nomura Instinet cuts estimates on U.S.-China trade skirmish

Friday, May 17, 2019 8:46 am1 Comment

Nomura Instinet lowered its price target on Apple shares to $175 from $180 on Friday…

There’s a growing ‘Boycott Apple’ movement In China due to trade skirmish

Thursday, May 16, 2019 1:27 pmWednesday, May 29, 201916 Comments

People in China are calling for a boycott of Apple products after tensions between China and the U.S…

Trump administration blacklists Huawei putting Apple at risk of retaliation from China

Thursday, May 16, 2019 9:01 am20 Comments

The latest U.S. broadside against Huawei that puts the Chinese firm on an exports blacklist threatens…

The media is lying to you about President Trump’s China tariffs

Wednesday, May 15, 2019 4:51 pmWednesday, May 15, 201983 Comments

I’m used to partisan, inaccurate drivel from all sides these days, but the media’s coverage of President Trump’s tariffs…

The last time Apple did this, it rallied 130%

Tuesday, May 14, 2019 12:02 pmTuesday, May 14, 201922 Comments

Apple has fallen prey to the trade war-triggered market sell-off…

Analyst: Apple investors ‘overreacting’ to U.S.-China trade war and Supreme Court App Store ruling

Tuesday, May 14, 2019 9:32 amTuesday, May 14, 20194 Comments

Apple investors are overreacting to the financial threat posed by the U.S.-China trade war…

Apple, Deere & Co, retail in focus as U.S. releases fresh tariff list

Tuesday, May 14, 2019 9:00 amTuesday, May 14, 2019No Comments

Deere & Co. on Tuesday joined other companies hit by the U.S.-China trade war…

Gene Munster: Apple likely to be spared from China tariffs

Friday, May 10, 2019 5:44 pm13 Comments

It is widely expected that the upcoming $325B in tariffs on goods imported from China…

Apple shares drop 7% this week on fears China trade turmoil threatens iPhone sales

Friday, May 10, 2019 3:52 pmFriday, May 10, 201920 Comments

Apple shares have slid steadily amid tumultuous U.S. trade negotiations with China…

Apple not yet hurt by China tariffs, likely to simply absorb the added cost

Friday, May 10, 2019 1:25 pmFriday, May 10, 20195 Comments

Fears that Apple’s revenue will get hit hard from Donald Trump’s policy may be overdone for now…

Apple temporarily escapes new tariffs as U.S.-China trade war escalates

Friday, May 10, 2019 10:27 amFriday, May 10, 20198 Comments

U.S. President Donald Trump made good on a trade war deadline on Friday…

Dow futures fall after President Trump tweets ‘absolutely no need to rush’ on China trade deal

Friday, May 10, 2019 8:58 amFriday, May 10, 201917 Comments

Wall Street is set to open lower on Friday as President Donald Trump said there’s ‘absolutely no need to rush’ on a trade agreement…

China overplayed its hand with U.S. President Trump on trade, and it could cost them dearly

Thursday, May 9, 2019 10:41 am64 Comments

China and the United States were moving towards an agreement to end a months-long trade war…

President Trump’s latest tariff threat on China could hit Apple hard

Monday, May 6, 2019 2:05 pm50 Comments

President Trump has threatened to increase tariffs on goods imported from China from 10% to 25%…

U.S. unemployment hits five-decade low as employers step up hiring, wages increase

Friday, May 3, 2019 3:02 pm105 Comments

Steady job growth and solid wage increases have enlarged Americans’ paychecks…

Apple’s iPhone sales are finally turning around

Wednesday, May 1, 2019 12:30 pmWednesday, May 1, 20192 Comments

After the collective freak-out about Apple’s poor showing during its last financial quarter…

U.S. stock futures bounce as investors cheer Apple results

Wednesday, May 1, 2019 8:37 am1 Comment

The S&P 500 index registered its best four-month rally in nearly nine years…

U.S. consumer spending surges to post biggest rise in more than 9-1/2 years

Monday, April 29, 2019 2:02 pmMonday, April 29, 201930 Comments

Plus, price pressures remained muted, with a key inflation measure posting its smallest annual gain in 14 months…

U.S. economy grows by 3.2% in the first quarter, topping expectations

Friday, April 26, 2019 1:25 pm9 Comments

The U.S. economy grew at a faster pace than expected in the first quarter and posted its best growth…

U.S. jobless claims at 50-year low

Thursday, April 11, 2019 9:32 pmThursday, April 11, 201930 Comments

The fewest people in nearly 50 years sought unemployment benefits last week, a sign of a strong job market…

Apple, tech stocks drive S&P 500 near record

Wednesday, April 10, 2019 3:33 pmWednesday, April 10, 20193 Comments

Technology stocks are extending their leadership on Wall Street as the S&P 500 trades near…

President Trump: China tariffs could stay in place for a ‘substantial period of time, ‘ still-developing trade deal ‘is coming along nicely’

Thursday, March 21, 2019 12:20 pm27 Comments

President Donald Trump said Wednesday that his administration’s tariffs on Chinese imports…

Smartphone shipments to China hit six-year low in February

Wednesday, March 13, 2019 9:27 am2 Comments

Smartphone shipments to China in February fell to their lowest in six years…

‘The risk paid off’: How Apple prevailed in the U.S.-China trade war

Monday, March 4, 2019 5:09 pm19 Comments

As the Trump administration sends signals about a potential trade deal with Beijing…

Foxconn workers line up to leave the world’s largest iPhone assembly plant as overtime opportunities plunge

Friday, March 1, 2019 11:01 amFriday, March 1, 201911 Comments

It is a normal Saturday in Zhengzhou, the capital of central China’s Henan province…

Apple supplier AAC Tech suffers stock plunge after profit warning

Tuesday, February 26, 2019 9:58 amTuesday, February 26, 20192 Comments

Apple Inc supplier AAC Technologies Holdings Inc saw its shares dropped 13 percent…

President Trump says U.S.-China trade deal ‘very, very close,’ pushes U.S. stocks higher

Monday, February 25, 2019 3:30 pmMonday, February 25, 201928 Comments

U.S. stocks rose on Monday after President Donald Trump said he would delay a planned hike in tariffs…

Dow rallies more than 300 points as U.S.-China trade talks progress

Friday, February 15, 2019 1:30 pm2 Comments

Stocks traded near intraday highs Friday, with the Dow and the Nasdaq on track…

Stocks higher as January jobs report smashes estimates despite government shutdown

Friday, February 1, 2019 10:10 amFriday, February 1, 201910 Comments

On a year-over-year basis, wage growth amounted to a 3.2 percent increase, consistent with the past few months and around the highest levels of the recovery…

Dow jumps as Fed keeps rates unchanged, better-than-expected U.S. employment; Apple shares up strongly

Wednesday, January 30, 2019 4:28 pmWednesday, January 30, 2019No Comments

U.S. stocks gained after Federal Reserve officials announced they would keep benchmark interest rates….

U.S. weekly jobless claims fall to the lowest level since 1969

Thursday, January 24, 2019 5:30 pm33 Comments

The number of Americans filing applications for unemployment benefits fell to more than a 49-year low…

Apple iPhone’s issues in China may be difficult to fix

Friday, January 4, 2019 2:02 pmFriday, January 4, 20197 Comments

The U.S.-China trade conflict hasn’t been kind to Apple investors…

Dow rallies 300 points at the open on monster U.S. jobs report, tech stocks jump

Friday, January 4, 2019 9:44 am8 Comments

The U.S. economy added 312,000 jobs last month, much more than the expected 176,000…

Five ways to look at Apple’s surprise bad news

Thursday, January 3, 2019 5:35 pmThursday, January 3, 201914 Comments

In an ugly New Year’s surprise Wednesday afternoon, Apple announced unexpectedly that it was cutting…

Advisor to President Trump: Apple’s sales should pick up when U.S.-China strike trade deal

Thursday, January 3, 2019 3:08 pmThursday, January 3, 201924 Comments

The U.S.-China trade skirmish is having an impact on earnings and it’s not going to be just Apple…

U.S. job creation surged way more than expected in December – report

Thursday, January 3, 2019 8:30 am6 Comments

At the current pace of job growth, low unemployment will get even lower…

Apple suppliers consider moving iPhone assembly out of China if U.S. import tariffs skyrocket

Wednesday, December 12, 2018 10:58 amWednesday, December 12, 20186 Comments

Apple Inc.’s suppliers will consider shifting iPhone production away from China should tariffs on U.S. imports skyrocket…

Wall Street set for strong open on President Trump’s upbeat U.S.-China trade comments

Wednesday, December 12, 2018 9:35 amWednesday, December 12, 201813 Comments

U.S. stock futures jumped 0.9 percent on Wednesday, joining a global equities rally…

President Trump’s G20 bromance with China’s Xi means one thing: An epic Santa Claus rally for stocks

Monday, December 3, 2018 4:28 pmMonday, December 3, 201827 Comments

It’s time to charge that extra $5,000 holiday gift because the year-end for stocks could be pretty sweet…

Stock market set to jump at open on 90-day U.S.-China trade detente

Monday, December 3, 2018 8:58 amMonday, December 3, 20189 Comments

U.S. stock index futures jumped on Monday…

Billionaire CEO Benioff foresees several years of strong growth for U.S. economy

Wednesday, November 28, 2018 10:57 amWednesday, November 28, 20184 Comments

A record $7.9 billion was spent on Cyber Monday this year, up 19.3% year over year…

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