Apple is planning to analyze user data to improve its large language model (LLM) software while upholding user privacy. The company has been using synthetic data to train its artificial intelligence (AI) models but has found that method to be ineffective, Apple wrote in a Monday (April 14) blog post.
Gil Luria, D.A. Davidson Managing Director, joins 'Closing Bell Overtime' to talk how tariffs are impacting Apple.
Apple (AAPL), Dell Technologies (DELL), and other tech stocks gained Monday, after President Donald Trump imposed a pause on import tariffs on many electronic goods.
Apple shares rose more than 2% on Monday and pushed the company's market cap back above $3 trillion. The rally came after the Trump administration late Friday announced that phones, computers and chips were exempted from new tariffs.
Apple and NVIDIA received temporary tariff relief to avoid increased import costs and price hikes, prompting speculation on which stock to invest in.
A temporary pause in US tariffs on electronics imported from China is giving the semiconductor sector a brief reprieve, according to Bank of America, even as the industry braces for new sector-specific trade measures. The US Customs and Border Protection announced late Friday that smartphones and PCs would be excluded from immediate tariff hikes, which had proposed rates as high as 145%.
Apple Inc. has avoided immediate fallout from new US-China tariffs, but future sector-specific duties could pose moderate earnings risk, Bank of America said Monday.
It's been another chaotic weekend when it comes to President Trump's tariff trade war. On Friday, it was announced that electronic devices like smartphones and computers would be exempt from the looming tariffs of up to 145%—music to tech investors' ears.
As Pres. Trump pulls back on his tariff policy, Apple (AAPL) is among the early stocks to pop higher. Meanwhile, Meta Platforms (META) faces antitrust headwinds as the FTC begins its trial with WhatsApp and Instagram's ownership on the line.
Shares of Apple jumped Monday as the Silicon Valley giant benefited from the White House's tariff exemptions on smartphone imports, remarkably almost entirely erasing Apple stock's sharp tariff losses—and the exemption boost is not just good news for Apple shareholders but for prospective iPhone buyers alike, as iPhone prices may not get a major hike as some analysts anticipated.
Apple Inc. has managed to dodge its biggest crisis since the pandemic—for the moment, at least.
With Trump exempting phones, computers, chips from new tariffs, buyers may now use the latest dip in Apple shares as a buying opportunity.