Apple investors turn optimistic after weathering $800 million Trump tariff storm
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Apple’s year finally caught a break. After months of getting pounded in the markets, the company’s stock is now crawling out from under a brutal tariff hangover. The damage was clear: a $800 million hit to its fiscal Q3 earnings and a 17% stock decline by August. The pressure came straight from President Donald Trump, who blasted Apple repeatedly for building iPhones outside the U.S. and warned of more tariffs if they didn’t move production back home. Everything changed on August 6. In a carefully staged Oval Office appearance, CEO Tim Cook stood beside Trump and dropped a number no one expected: $100 billion. That’s how much Tim said the company would invest into U.S. manufacturing. Tim’s White House move helps calm tariff fears and lifts shares By the time the market closed for the month, Apple’s shares had shot up 9.4%, its best month since June 2024. Wall Street took the signal as a truce. The fresh $100 billion commitment, combined with Apple’s expanded agreement with Corning, its longtime glass supplier, was enough to change expectations. “The picture is a lot clearer from a tariff standpoint,” said George Cipolloni, a portfolio manager. “Apple was in Trump’s crosshairs, but Tim kissed the ring and now it no longer seems to be, which removes a headwind.” Before the deal, Apple’s stock performance in 2025 had been a mess. Even after the August rally, shares were still down 9.3% for the year, making it one of the weakest performers in the Nasdaq 100. That fall was a sharp contrast from the company’s five-year run between 2020 and 2024, when its stock soared over 240%, putting it among the top 20 names in the entire index. There were also doubts about Apple’s AI strategy. Sales growth wasn’t helping either. And the price tag…
Filed under: News - @ August 26, 2025 2:29 pm