Apple Inc. stock faces a myriad of headwinds, with the company lagging behind all other Magnificent 7 stocks in the AI race. Apple's "upgraded Siri" delay comes at a time when rising AI companies are developing both software and hardware alternatives fit for the generative AI era, cultivating broader platforms. To make matters worse, Apple also faces antitrust litigation that is requiring the tech giant to open its ecosystem for compatibility with third-party software and hardware services, threatening its moat.
Apple is set to report Q2 earnings on Thursday amid tariff and supply chain challenges. Tariffs will be a hot topic for investors as China, the main iPhone producer, faces a 145% levy.
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Auto, energy, and consumer sectors, not tech stocks, hold the key to today's US stock market direction, with tariffs adding pressure.
India's financial crime agency has privately sought sales data and other documents from smartphone players including Apple and Xiaomi as part of an investigation into Amazon and Walmart-owned Flipkart, sources familiar with the matter told Reuters.
The S&P 500 (^GSPC 0.06%) has declined 10% from its high as tariffs imposed by the Trump administration have rattled financial markets. Investors will receive important data this week that could either alleviate or intensify concerns surrounding the trade war.
AAPL's second-quarter fiscal 2025 results are likely to reflect steady services growth despite sluggish iPhone sales in China.
Apple (AAPL) is slated to report fiscal second-quarter results after the market closes Thursday, with investors likely to be watching for clues on how shifting trade policies could impact the iPhone maker.
Jobs Week, PCE and Q1 earnings reports should dominate market headlines all week.
It's a busy earnings week, as companies with a combined $20 trillion in market capitalization are set to report. JPMorgan Asset Management global market strategist Jack Manley joins Morning Brief with Brad Smith and Madison Mills to discuss upcoming earnings, including from some "Magnificent Seven" names, and take a closer look at Mag Seven performance compared to the other 493 companies of the S&P 500 (^GSPC).
The shares could still be a good bet despite the threat of levies on imported smartphones, according to J.P. Morgan.
Get a deeper insight into the potential performance of Apple (AAPL) for the quarter ended March 2025 by going beyond Wall Street's top -and-bottom-line estimates and examining the estimates for some of its key metrics.