Big Tech’s ‘Magnificent Seven’ heads into earnings season reeling from Trump turbulence
SAN FRANCISCO (AP) — As Big Tech kicks off its quarterly earnings season this week, the industry’s bellwether companies have been thrust into a cauldron of uncertainty and turmoil that they didn’t anticipate when Donald Trump re-entered the White House nearly 100 days ago. Since President Trump’s Jan. 20 inauguration, Big Tech stocks have been […]
Apple has few incentives to start making iPhones in U.S., despite Trump’s trade war with China
SAN FRANCISCO (AP) — President Donald Trump‘s administration has been predicting its barrage of tariffs targeting China will push Apple into manufacturing the iPhone in the United States for the first time. But that’s an unlikely scenario even with U.S tariffs now standing at 145% on products made in China — the country where Apple […]