Apple regains $3 trillion market cap after Trump exempts tariffs on iPhones
Publishing timestamp: 2025-04-14 20:17:37
Summary
Apple shares rose over 2% on Monday, pushing the company's market cap back above $3 trillion after the Trump administration announced that phones, computers, and chips were exempted from new tariffs. This news brought relief to Wall Street as Apple is among the most exposed companies to Trump's tariffs. Despite the uncertainty, analysts believe the exemptions could save Apple billions in costs.
Sentiment: POSITIVE
Tickers: AAPL,
Keywords: donald trump, apple inc, business, tariff, technology, china, tim cook, breaking news: politics, mobile, breaking news: technology, business news, entertainment, politics, donald j. trump, iphone,