To The Moon

Apple is expected to withstand the impact of U.S. President Donald Trump's 10% tariff on Chinese imports, as the company has increasingly shifted iPhone component manufacturing to India, according to Bank of America.BofA estimates that 80% of iPhones sold in the U.S. could be sourced outside of China, mitigating tariff-related risks. Apple's Manufacturing Strategy and EPS Impact BofA analysts, led by Wamsi Mohan, noted that Apple could direct its manufacturing partners to ramp up production in India and other countries such as Vietnam and Malaysia to reduce exposure to Chinese tariffs.If Apple maintains current iPhone pricing, BofA projects a negative $0.05 earnings per share impact. However, a 3% price increase in the U.S. could fully offset the tariff's effect. BofA's Outlook on Apple Buy rating reaffirmed Price target: $265 China revenue declines: Apple's Greater China revenue fell 11% year-over-year in fiscal Q1 2025, continuing a downward trend. BofA also noted that Apple secure

BofA Securities analyst Wamsi Mohan maintained a Buy rating on Apple Inc with a price target of $265.The rerating reflects a strong iPhone upgrade cycle in fiscals 2025, 2026 driven by the need for the latest hardware to enable Gen AI features, higher growth in Services revenue, and higher margins from more internally developed silicon.Over the weekend, the U.S. imposed a 10% tariff on China imports.Also Read: Booz Allen Q3 Earnings: Revenue And EPS Beat, Dividend Hike, Raises FY25 Outlook as Backlog Hits $39.4 Billion. Mohan analyzed the earnings impact if tariffs do impact Apple and Apple maintains existing pricing in the U.S. rather than raises prices. Either way, Mohan noted a limited impact on earnings. President Trump and the Republican administration may be more inclined to resolve Google and Apple’s cases against the DOJ favorably and push European counterparts for less regulation related to DMA.Apple can manufacture most iPhone models in India. As the new tariff kicks on impo

Shares of iPhone and iPad maker Apple fell 3.8% in the morning session after the Trump administration's new tariffs shook markets. While similar tariffs were set for Mexico, they have been delayed. But it doesn't help that Canada has already hit back with its levies on U.S. imports. Trump admitted in a social media post that Americans might feel the sting: "WILL THERE BE SOME PAIN?)." The tariffs were imposed as part of measures to improve the U.S.'s trade gap with the rest of the world and also to tighten border security.Unless you’ve been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story.

SATS has acquired the remaining 15% stake in SATS Food Solutions Thailand from Bangkok Ranch for about 85.5 million baht , according to a Friday filing on the Singapore Exchange.The move consolidates ownership as SATS expands production, tapping into rising aviation demand and non-aviation markets.SATS Food Solutions Thailand is building a 35,000-square-meter facility in Pathum Thani, expected to boost capacity to 108,000 meals daily by late 2025.The deal aligns with SATS' partnership with Mitsui, which plans to acquire a 15% stake in the unit to support growth through its distribution network.

LONDON, Jan 31 - Shares in Apple rose 2.5% in Frankfurt on Friday after results the day before, as the company forecast relatively strong sales growth in the current quarter, a sign it will recover from a dip in iPhone sales. The firm said iPhone sales were $69.14 billion for the fiscal quarter ended Dec. 28, slightly below expectations, but said it sees sales for the current quarter rising by low- to mid-single digits. Apple shares rose 3.2% in after-hours trading on Thursday, having ended the day's regular session down 0.7%.

More iPhones were upgraded during Apple’s fiscal first quarter than any previous period, CEO Tim Cook said on the company's earnings call Thursday. The milestone comes as Apple expands the availability of its AI features, with sales of the iPhone 16 faring better in markets where Apple Intelligence is available, Cook said.Apple Intelligence is not yet available in China, where Apple revenue fell 11% year-over-year.More iPhones were upgraded during Apple’s fiscal first quarterthan any previous period,CEO Tim Cook said on the company's earnings call Thursday.That milestone comes as the iPhone 16 lineup, which rolled out in September, is outpacing the performance of the iPhone 15 in the months following its launch in September 2023, Cook said.Customers are upgrading in part to get access to Apple Intelligence, the company’s suite of artificial intelligence tools available on iPhone 15 and iPhone 16 models, Cook said, adding that iPhone 16 sales were stronger in markets where Apple Intelli

Trump Media and Technology, operator of the social media platform Truth Social and the video streaming platform Truth+, is announcing today that the company's board of directors has approved a financi

President-elect Donald Trump has transferred his entire stake in Trump Media & Technology Group to a revocable trust, according to a filing late Thursday.The Truth Social website on a smartphone.The t