The Daily

Apple (AAPL) stock fell as much as 3% in early trading Friday after President Trump said the company must pay at least a 25% tariff, unless its iPhones are made in the US.

“I have long ago informed Tim Cook of Apple that I expect their iPhone’s that will be sold in the United States of America will be manufactured and built in the United States,

 » Read more about: Apple stock sinks after Trump threatens 25% tariffs on iPhone maker  »

Stocks tumbled in early trading on Friday after President Donald Trump threatened new tariffs targeting tech giant Apple and the European Union.

The Dow Jones Industrial Average dropped 458 points, or 1.1%, while the S&P 500 declined 1.2%. The tech-heavy Nasdaq dropped 1.6%.

Shares of Apple fell nearly 3% at the open of trading.

 » Read more about: Stocks slide as Trump threatens tariffs on Apple and European Union  »

Investors in Chipotle Mexican Grill, Inc. CMG need to pay close attention to the stock based on moves in the options market lately. That is because the June 20, 2025 $18.40 Call had some of the …

 » Read more about: Do Options Traders Know Something About Chipotle Stock We Don’t?  »

Apple, a bellwether in tech and the broader market, faces renewed cost and supply chain risks if Trump’s tariff threat materializes. The mandate that iPhones be domestically produced or face heavy levies represents a significant challenge to the company’s global manufacturing model. With Apple accounting for a significant portion of the Nasdaq’s weight,

 » Read more about: Dow Jones and Nasdaq 100: US Stocks Slide on Trump’s Apple and EU Tariff Push  »

 » Read more about: Apple Shares Fall 3% As Trump Threatens 25% Tariff—Sparking Market Selloff  »

• Trump grows irate at Apple’s move into India.
• President claims Apple must produce US-sold iPhone in US or face a 25% tariff.
• US equity futures slip more than 1% in Friday premarket after Trump threatens the EU with a 50% tariff.

 » Read more about: Apple stock sinks below $200 after Trump threatens more tariffs  »

In a move that threatens to deepen transatlantic trade tensions, former President Donald Trump on May 23 announced he is recommending a sweeping 50% tariff on goods from the European Union. The tariff, set to take effect on June 1, comes amid what Trump described as stalled negotiations with EU officials.

Posting on Truth Social,

 » Read more about: Tariff war: Donald Trump proposes 50% tariff on EU goods, says trade talks ‘nowhere’  »

Donald Trump reignited his scorched-earth trade war on Friday, unleashing a fiery social media tirade that took aim at Apple and Europe with fresh tariff threats.

In classic flip-flop fashion, the president is back on the offensive. Just weeks after hitting pause on his so-called “reciprocal” tariffs amid market turmoil, he’s doubling down with predictable results sending Dow Futures plunging by more than 500 points.

 » Read more about: Trump Hammers the Markets with New Scorched Earth Trade War on Apple and Europe  »

PLTR Technical Analysis

Palantir also looks like it’s going to drop a bit, but at this point in time, that is probably necessary anyway. We just shot above a major resistance barrier in the form of $125, and a little bit of consolidation and noisy trading probably does wonders for the long-term strength of this market.

 » Read more about: TSLA, PLTR and SMCI Forecast – Tech Stocks Look Soft in Premarket  »

Management may continue to dangle the carrot of new prototypes to keep shareholders happy. Cathie Wood may still have a price target of $2,600. But smart investors know that a stock follows its …

 » Read more about: Cathie Wood Thinks Tesla Stock Will Soar. Here’s Why a Crash Is Much More Likely.  »