Apple overcomes Trump's trade war, slow start in AI delivers surprisingly strong quarter
Apple posted strong spring quarter results with $94 billion in revenue and a 9% profit rise, driven by a 13% jump in iPhone sales. However, Trump's tariffs and AI setbacks loom, possibly raising iPhone prices. Investors remain wary as Apple trails rivals like Microsoft and Nvidia in the AI race.
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Time of India
12 minutes ago
- Time of India
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NDTV
23 minutes ago
- NDTV
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Economic Times
39 minutes ago
- Economic Times
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Markets are now pricing in an 80% chance of a cut, according to CME Group, reported the Washington Adriana Kugler, the former US president Joe Biden-appointed Fed governor, announced her resignation Friday, giving Trump the chance to name a more loyal replacement, as per the claimed, without evidence, that she manipulated job data to make him look bad 73,000 jobs were added, far fewer than expected. Plus, previous numbers were revised down sharply.
