tariffs

Apple Inc.’s (NASDAQ:AAPL) CEO Tim Cook has reportedly identified a crucial factor that could see iPhone manufacturing shift to the United States. What Happened: U.S. Commerce Secretary Howard Lutnick, in a conversation with CNBC's Brian Sullivan on "The Exchange" Tuesday,...

Traders and macro experts are taking note of the Japanese Finance Minister, Katsunobu Katō‘s subtle reference to his country’s substantial U.S. Treasury holdings as a possible leverage in the ongoing tariff negotiations with Washington. What Happened: On Friday, Eliant Capital, a...

On Thursday, Amazon.com, Inc. (NASDAQ:AMZN) CEO Andy Jassy predicted a potential shift in consumer behavior reminiscent of the pandemic era while asserting that the e-commerce giant is doubling down on affordability. What Happened: During Amazon's first-quarter earnings call, Jassy addressed...

On Thursday, during Apple Inc.'s (NASDAQ:AAPL) fiscal second-quarter earnings call, CEO Tim Cook said that the tech giant expects a $900 million cost impact in the June quarter due to tariffs. What Happened: "For the June [quarter], we do expect the majority of iPhones sold in the U.S. will have...

Editor's note: This article has been updated for accuracy regarding Marathon Petroleum's year-to-date performance. Editor’s Note: Today, we’re hearing from Tom Gentile, one of America’s most successful pattern traders, with 30 years of trading and teaching experience under his...

Roku Inc (NASDAQ:ROKU) reported first-quarter financial results after market close Thursday. Here are the key highlights. What Happened: Roku reported first-quarter revenue of $1.02 billion, up 16% year-over-year. The revenue total beat a Street consensus estimate of $1.01 billion according to data...

After a bruising tariff-driven selloff in early April, U.S. equities have staged an astonishing comeback. In just 20 trading sessions, the S&P 500 index – as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY) – has recouped its post-tariff announcement losses and entered May on its longest...

Parents and grandparents looking to fill Christmas stockings this year might find themselves facing a frustrating surprise: empty toy shelves. Thanks to a trade war sparked by steep import tariffs imposed by President Donald Trump, the usual holiday toy hunt could turn into a scramble Trump, also a...

The U.S. manufacturing sector shrank for the second straight month in April, driven by weakening demand and rising price pressures linked to tariffs, according to the latest data from the Institute for Supply Management (ISM). The ISM Manufacturing Purchasing Managers’ Index (PMI) fell from...

On the eve of International Workers’ Day, a new report from Oxfam depicts the stark reality of growing global income inequality: average CEO pay has increased by 50% in real terms since 2019, while worker wages have seen a negligible rise. What Happened: The report, released in collaboration...

President Donald Trump renewed his criticism of the Federal Reserve for holding off on interest rate cuts. What Happened: On Tuesday, Trump once again called out the Federal Reserve for not cutting interest rates in an interview with ABC News, marking the 100th day milestone of his second term in...

As "macro uncertainty" and President Donald Trump‘s tariffs become the go-to scapegoats for CEOs this earnings season, fund manager Gary Black isn’t buying it. What Happened: On Tuesday, Black posted on X, citing former Chicago Mayor Rahm Emanuel's famous quote, “Never let a good...

President Donald Trump deflects blame for the U.S. economy's 0.3% contraction in the first quarter onto his predecessor, despite clear evidence indicating otherwise. What Happened: On Wednesday, Trump posted on Truth Social, blaming former President Joe Biden for the country’s Gross Domestic...

Tech giant Apple Inc (NASDAQ:AAPL) could show better-than-feared results for China and the iPhone when the company reports second-quarter financial results after the market close Thursday. Here are analyst earnings estimates, a look at what analysts are saying ahead of the report and key items to...

Editor's Note: This article has been updated to accurately reflect President Donald Trump's current status. President Donald Trump took to Truth Social on Wednesday to distance himself from the current state of the stock market, reminding followers, "This is Biden's Stock Market, not Trump's."...