With Apple's (AAPL) broad global exposure to many countries facing higher tariffs like China, Vietnam and India, Rick Ducat and Tom White look at the technical patterns in the iPhone maker's stock price to see what support levels might be tested. Tom compiles an example options trade using a back ratio strategy.
Donald Trump's "Liberation Day" tariffs sparked a major sell-off in the iPhone maker on Thursday. Investors are spooked after Trump slapped heavy tariffs on its key supply chain hubs, such as China.
Wall Street's biggest tech names took a bruising after hours on Thursday, as investors reacted to sweeping new tariffs announced by President Trump. The “Magnificent Seven” collectively shed more than $1 trillion in market value, with Apple Inc (NASDAQ:AAPL, ETR:APC) suffering its worst day since early 2020.
Apple shares have dropped nearly 19% in 2025 due to concerns over rising tariffs on China, while the S&P 500 is down just 8%. Despite AAPL's history of strong performance, the stock is currently out of favor and rated a 'Hold' by Seeking Alpha analysts. I believe the negative impact on the Company related to tariffs is overblown.
History shows that buying stocks when they "go on sale" during a down period can be extremely rewarding for investors.
President Trump's tariffs have sent the markets (^DJI, ^GSPC, ^IXIC) plunging, especially the tech-heavy Nasdaq. Apple (AAPL) and Amazon (AMZN) were hit particularly hard among Big Tech.
The whole U.S. stock market is feeling the pain from the sweeping new tariffs that President Trump announced Wednesday after the market closed. As of 1:10 p.m.
The equity markets are seeing a broad selloff in the wake of President Trump's announcement yesterday on reciprocal tariffs, led by “Magnificent 7” stocks.
Apple lost more than $250 billion in market value Thursday, with shares down as much as 8.5% as a result of President Donald Trump's tariff spree.
Your favorite iPhone could soon become pricier, thanks to tariffs.
Shares of the “Magnificent 7” - Apple, Microsoft, Amazon, Alphabet, Meta Platforms, Nvidia, and Tesla - fell sharply following US president Donald Trump's sweeping tariff announcement. Apple Inc (NASDAQ:AAPL, ETR:APC) took the hardest hit, down 8.8% at $204, as its reliance on Chinese and Southeast Asian manufacturing puts it at direct risk.
Apple lost a whopping $300 billion in market value in intraday trading Thursday as fears that President Trump's reciprocal tariffs will hammer supply chains sparked a market bloodbath.