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Apple looks to India, Micron adds surcharge: Trending Tickers
Apple looks to India, Micron adds surcharge: Trending Tickers

Yahoo

time08-04-2025

  • Business
  • Yahoo

Apple looks to India, Micron adds surcharge: Trending Tickers

Wealth host Brad Smith and Yahoo Finance Senior Reporter Alexandra Canal examine some of the day's top trending tickers. Apple (AAPL) is reportedly shifting sourcing to India due to US President Trump's tariffs on imports from China, according to reporting from the Wall Street Journal. Starting on Wednesday, Micron Technology (MU) will reportedly add a surcharge on some products to pass on rising costs to customers due to tariffs, Reuters reports. To watch more expert insights and analysis on the latest market action, check out more Wealth here. Now time for some of today's trending tickers. You can scan the QR code below to track the best and worst performing stocks of the session with Yahoo Finances Trending Ticker's page. Joining me now onset, we've got our very own Alexandra Canal, and we're taking a look at a couple of tech names making changes amid President Trump's tariff policies. So let's talk about Apple and Micron. First up, Apple, planning to shift more iPhones to the US from India to offset tariffs on China. That's according to the Wall Street Journal report. New tariffs on goods from China could raise the price to manufacture an iPhone by over 45%, from $580 to $850. That's according to Tech Insights. Because of this, some consumers are rushing to upgrade before tariffs can take effect. Uh I'm checking my model right now. I'm at a 12 Pro Max. I've been thinking about it. I dropped my phone pretty often, so it's kind of cracked right now, and I'm wondering do I just have to go invest. I think you might just need to get a tempered glass screen. I know, I know, that's one of my problems here, but it it really goes to show that tariffs are obviously top of mind for investors, but also top of mind for everyday consumers when it comes to the products that we use every single day. Like we were just discussing, a lot of consumers weighing whether or not you go and upgrade your phone, you get a new iPhone. There's also been a lot of consumers going out there and trying to take advantage of deals from some of their phone carriers like Verizon because there's been some speculation that once the tariffs hit those types of discounts and promotions could go away. And I mean Apple shares, they've just been rocked by these tariffs off 17% over a five-day period. Over $600 billion has just been completely eliminated from the stock over toward the lows of the 52-week range. Um and it's interesting because Apple is planning to spend $500 billion in the United States, which we know Trump loves. He's talked about that often, but this is a company that's very exposed to a lot of those heavily tariffed areas like you think China, India, Vietnam, Thailand. So it'll be interesting with the amount that they're planning to invest in the US, that leads to some exemptions or perhaps a de-escalation of sorts in the coming days and weeks ahead. And you know, so far no no reciprocal tariffs have been implemented yet, but that's all planning to come tomorrow. You know, one of the reasons I need a new iPhone is because I can't even install some apps right now because it requires iOS 17 or greater and um You definitely need a new iPhone though. Oh yeah, has to happen. Next up, let's talk Micron. It's going to impose a surcharge on some products starting Wednesday as tariffs kick in according to Reuters. Micron has manufacturing facilities in China, Taiwan, Japan, Malaysia, and Singapore, all subject to tariffs under President Trump's policies. So we're taking a look at shares here. They are higher by about 3.3%. Yeah, but very similar story to Apple, right? I mean down 20% over a five-day period, low end of the 52-week range, like we just said, heavily exposed to those tariffed countries. They do have US customers that include technology companies, automotive companies. So potential trickle-down effect on the impact that we could see on the consumer side as well. Now what's interesting here is that semiconductors were exempt from these reciprocal tariffs, but for a company like Micron, that just makes up a portion of their portfolio. And they did warn last month during their earnings call that look, they are going to have to raise prices on those consumers. How much and the intensity of that remains to be seen. Uh but again, it just goes to show how big tech is really vulnerable to a lot of these tariffs and also depending on what we see with EU retaliation, it also has me thinking about anti-trust and what laws the EU could potentially say some of these US companies are violating. So there's a big ripple effect here that really goes beyond tariffs when we think about some of the retaliate retaliation, I should say, from these bigger countries. Yeah, you know, for Micron it's also going to come down to what they're saying about demand once they finally do report earnings. We're weeks away from that. However, thinking through what the demand profile and the reception is to them potentially raising prices or adding the surcharge on and what they're hearing from customers. Yeah, demand and then also how heavily these companies are continuing to spend on AI. I mean, we know that's been a big priority for investors, but if these tariffs are going to eventually hit profits, are they going to pull back at all and how will we see that reflected in the stock price? Spot on, Alex. Thanks so much for taking some. Sign in to access your portfolio

Ronnie Boyce, West Ham legend who scored FA Cup final winner, dies aged 82
Ronnie Boyce, West Ham legend who scored FA Cup final winner, dies aged 82

The Independent

time14-02-2025

  • Sport
  • The Independent

Ronnie Boyce, West Ham legend who scored FA Cup final winner, dies aged 82

Ronnie Boyce, the West Ham United legend who scored the winning goal in their 1964 FA Cup final win, has died at the age of 82. Boyce spent his entire playing career with the Hammers, making 341 appearances between 1959 and 1972, and was nicknamed 'Ticker' due to his reputation as the heartbeat of those trophy-winning teams. The midfielder scored 29 goals for the club and by far the most important of those came in the 1964 FA Cup final against Preston North End as, with the score locked at 2-2 and the clock ticking past 90 minutes, he popped up to head home the winner as a 21-year-old. It was the first major trophy in West Ham's history and a side captained by the legendary Bobby Moore, with future World Cup final hat-trick hero Geoff Hurst up front, went on to win the Charity Shield a few months later and the European Cup Winners' Cup at the end of the following season. Boyce was an instrumental figure in those triumphs and West Ham shared a statement of behalf of his family following his death. 'We are so very sad to confirm that our beloved husband, father and grandfather Ronnie passed away peacefully on Thursday afternoon,' read the statement. 'He fought illness in recent years with typical courage, bravery and no fuss, and with such strength. His nickname of 'Ticker', as the strong heartbeat of West Ham's team in the 1960s, could not have been more appropriate. 'He was a Hammer all of his life, from growing up in East Ham to representing the club as a player and coach across 34 years of dedicated service, and always had time for the fans and people who gave him so much support throughout his time in football. 'He never boasted about his wonderful playing career or achievements, but he was so proud of the fact that he scored the winning goal in West Ham United's first-ever FA Cup victory, and his love of the club and the supporters meant so much to him. 'As a family, we were even prouder of the love, support and dedication he gave us all, and of the quiet, honest, decent man that he was. We will miss him greatly and he will never be forgotten.' West Ham added a comment to the statement, saying: 'The thoughts and condolences of everyone at West Ham United are with Ronnie's wife Dawn, his sons Gary and Tony, daughter-in-laws Ewa and Sarah, grandsons Ross, Ben, Jack, Elliott and Tom, and all of his family and friends at this sad and difficult time.' They also confirmed that tributes would appear ahead of their Premier League clash with Brentford at the London Stadium on Saturday. After retiring from playing, Boyce became a member of the West Ham coaching staff under manager John Lyall's coaching staff and helped them win two further FA Cups in 1975 and 1980. He also later served as both caretaker manager and chief scout, before retiring in 1995, and was given a Lifetime Achievement Award by the Hammers in 2019.

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