Apple (AAPL) shares gained as much as 5% on Monday as Wall Street viewed the iPhone maker a major winner of exemptions on tariffs announced by the Trump administration over the weekend. “The Trump administration gives AAPL a lifeline,” said Angelo Zino, vice president and senior equity analyst at CFRA Research. “It also provides a…
This is The Takeaway from today’s Morning Brief, which you can sign up to receive in your inbox every morning along with: Hypothetically speaking, what if President Trump paused his tariff rollout? For a brief moment Monday morning, the market considered the idea in real-time. Stocks shot up several percentage points on speculation that Trump…
Shares of Nvidia (NVDA, Financial) have plunged about 5% on Monday morning, extending a post-earnings selloff that began last week. The decline pushed the stock to roughly $118.92, leaving it more than 20% below its all-time high reached in early January. Concerns over slowing artificial intelligence spending and the potential impact of tightening chip export…
US stocks rose on Monday after November was the best month of the year for markets. The Dow Jones and S&P 500 surged in November after the Presidential election. Investors are focused on economic data and Fed speeches this week as the holiday shopping season heats up. US indexes edged higher on Monday morning as…