News of the day for April 2, 2025
Just weeks after approaching its all-time high, the Nasdaq Composite is tumbling. Concerns about new tariffs, weakening consumer sentiment, geopolitical tensions, and a stock market that was already trading at lofty valuations have investors playing defense, selling stocks, and wondering how long this pullback will last. The members of the "Magnificent Seven" -- the much-watched group of tech megacaps comprised of Microsoft (NASDAQ: MSFT), Apple (NASDAQ: AAPL), Amazon (NASDAQ: AMZN), Alphabet (NASDAQ: GOOG) (NASDAQ: GOOGL), Nvidia (NASDAQ: NVDA), Meta Platforms (NASDAQ: META), and Tesla (NASDAQ: TSLA) -- have almost all fallen even further.
Warren Buffett and his crew at Berkshire Hathaway (NYSE: BRK.A) (NYSE: BRK.B) have one of the best investment track records of all time. Few investors have been able to match Buffett's success over Berkshire's long history. This value-investing style may not be as popular as it once was, but it has worked out well for Berkshire Hathaway shareholders.
Apple has been fielding offers from payment network providers and banks as potential partners for its credit-card program.
Visa (V) has proposed $100 million to Apple (AAPL) in a move to take over network operations on the
Investing.com -- Losing market share to Apple (NASDAQ:AAPL) Pay remains the largest overhang for PayPal (NASDAQ:PYPL), but Mizuho analyst believes these concerns may be overstated.
With perfect or tone-deaf timing—take your pick—China’s Communist Party mouthpiece, People’s Daily, is rolling out a miniseries this week titled “Fully Understanding the Mutually Beneficial Nature of China-U.S. Relations.” Part 1 cited a Tesla factory in Shanghai making energy-storage batteries and Apple partners making electronics in China as examples of the benefits for the U.S. in doing business in China. Part 2, published Wednesday, features an Iowa farmer whose soybeans are exported to China.
Half a century after its founding in Albuquerque, New Mexico on April 4, 1975, Microsoft (MSFT) consistently ranks as one of the world’s most valuable companies. Currently sitting on a $2.7 trillion market cap, the software company, now based in Redmond, Washington, has turned into an artificial intelligence leader.
European tech regulations are barriers to trade that disproportionately affect American companies, according to a U.S. trade report published one day before President Trump’s planned reciprocal tariffs. The European Union applies some of its toughest digital rules to the world’s biggest companies and online platforms, including Google, Apple and Meta Platforms. The U.S. trade report said the rules put a disproportionate burden on American companies and have resulted in what it called “excessive fines” for violating a law that aims to make it easier for smaller companies to compete against tech giants.
Apple (AAPL) concluded the recent trading session at $223.19, signifying a +0.48% move from its prior day's close.
We recently published a list of Jim Cramer Discusses These 8 Stocks & Says Trump’s Focused On His Goals And Not The Market. In this article, we are going to take a look at where Apple Inc. (NASDAQ:AAPL) stands against other stocks that Jim Cramer discussed. In a recent appearance on CNBC’s Squawk on the […]
Investment bank Citi said Apple stock looks attractive as the consumer electronics giant expands the availability of Apple Intelligence.
Visa has offered Apple a roughly $100 million payment to get the tech giant’s credit card, part of a battle between the country’s biggest payment networks for the splashy Apple card. The Apple card is up for grabs because Goldman Sachs the bank behind it, is getting out of the consumer lending world. What hasn’t been known is the equally fierce fight playing out between the networks to win Apple, with Visa and American Express trying to unseat Mastercard according to people familiar with the matter.
Citi maintains Buy rating on Apple as AI features expand to new languages and products amid stock weakness
Teresa Ribera’s trip comes as her department wraps up investigations into Apple and Meta under the Digital Markets Act — the European Union’s digital antitrust law.
The major averages were mostly lower near noon, with the Dow up fractionally but the Nasdaq down nearly 250 points amid mounting concerns about President Donald Trump’s upcoming announcement of promised new tariffs. Meanwhile, the S&P 500’s early losses brought the index to its lowest level since September. Looking to commodities, gold prices are sharply higher, continuing their rally to over $3,150, while oil prices are also up over 2.5%. Get caught up quickly on the top news and calls moving s
(Updates shares.) MDA Space (MDA.TO) said Tuesday that it agreed to acquire SatixFy Communication
iOS 18.4 adds Apple Intelligence support for more languages and brings features to EU users.
Dubbed the Magnificent Seven stocks, Apple, Microsoft, Google parent Alphabet, Amazon.com, Nvidia, Meta Platforms and Tesla lived up to their name in 2024 with solid gains. Through the first three months of 2025, however, performance for these mega-cap stocks has been negative thus far.
Is it time to buy the Magnificent Seven after a rough quarter?