Wedbush’s Daniel Ives said the current tariff slate of 54% for China and 32% for Taiwan would devastate Apple, its cost structure, and ultimately consumer demand.
Ming-Chi Kuo warns that Trump's semiconductor tariffs pose significant risks for stocks, highlighting that even Apple's $500 billion U.S. investment didn't secure leniency from the aggressive policy.
The European Union is reportedly preparing to levy a hefty fine on X, a social network owned by Elon Musk. The fine, which could exceed $1 billion, is expected to be announced this summer.
As global markets experience their worst selloff since March 2020, venture capitalist Chamath Palihapitiya suggests traditional stock market bailouts may no longer be politically viable.
Commerce Secretary Howard Lutnick revealed that while Trump's tariffs could bring iPhone manufacturing to the U.S., they may also push the price of an iPhone 16 Pro Max to $2,300 due to increased production costs.
Japan's exchange operator briefly halted trading in Nikkei stock futures Monday morning as global markets plunged in reaction to President Donald Trump's sweeping new tariff policies.
Elon Musk advocates for zero tariffs while Mark Cuban predicts President Trump's tariff strategy will ultimately succeed, despite causing significant stock declines in major tech companies.
Wedbush Securities analyst Dan Ives has lowered his Tesla Inc. price target to $315 from $550 while maintaining an "outperform" rating, citing growing concerns about the electric vehicle maker's brand perception and softening demand.
U.S. stock futures tumbled Sunday evening, extending last week's historic selloff as the White House stood firm on its sweeping new tariff policy despite mounting market pressure.
