U.S. stock futures were lower this morning, with the Dow futures falling more than 1,000 points on Thursday.
Heavy exposure to exposure to tariffs on Chinese-made goods is weighing on the shares.
The top five stocks in the S&P 500, including Apple NASDAQ: AAPL, Amazon NASDAQ: AMZN, Google NASDAQ: GOOGL, Microsoft NASDAQ: MSFT, and NVIDIA NASDAQ: NVDA are forecasted to rise an average of 45% by year's end. That is a significant gain compounded by bullish analyst trends suggesting the 45% target could be low.
Apple (AAPL 0.40%) is the world's largest company -- by about half a trillion dollars as I write this. So surpassing it in value is not a thing just any company can do.
U.S. futures indexes fell sharply early on Thursday, led by a deep slide in major tech stocks, while global markets also faced a major selloff after President Donald Trump's sweeping reciprocal tariffs raised fears of a global trade war and recession.
Apple stock (NASDAQ: AAPL) is faced with a major headwind from President Trump's latest tariff package.
With “more personal” Siri and Alexa+, the tech giants marketed features they have yet to deliver.
Apple has made moves to diversify its supply chain beyond China to places like India and Vietnam, but tariffs announced by the White House are set to hit those countries too. President Donald Trump on Wednesday laid out U.S. "reciprocal tariff" rates on more than 180 countries.
Apple shares fell 7% in Frankfurt after U.S. President Donald Trump announced sweeping tariffs on trading partners including China where the U.S. group has a big manufacturing base.
Total 2025 Q1 earnings for the S&P 500 index are expected to be up +5.9% from the same period last year on +3.9% higher revenues, continuing the recent growth pace nicely. Next week, we'll hear from the big banks.
Focus on oil & gas, waste management, and REITs as they have been performing well and are tariff-agnostic. Avoiding investments in the auto sector and hard asset Mag 7 stocks due to their tariff focus. The tariff policy details are crucial for understanding market dynamics and making informed investment decisions.
Tech stocks fell in late trading on Wednesday after President Trump announced new tariffs of between 10% and 49% on imported goods. Apple had the largest drop among technology companies, falling nearly 6% in extended trading.