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President Trump lashed out at Apple CEO Tim Cook as he wielded more tariff threats against the European Union pressuring U.S. stocks which are on pace for weekly losses. The 10-year Treasury yield hovered near 4.
Kraken will list more than 50 tokenized stocks and ETFs, such as Apple (AAPL), Tesla (TSLA) and Nvidia. The move makes crypto-style 24/7 trading available for traditional equities, broadening access to some of the largest tech stocks, as per Wall Street Journal.
Apple stock price has sold off this year, making it the top laggard in the Magnificent 7 group. What next for the AAPL shares this year?
Wall Street had its worst week since early April after President Trump said he would impose steep tariffs on E.U. goods and targeted Apple with a tax on foreign-made iPhones.
The company plans to cut roughly 2,500 jobs as it grapples with the effects of the Trump administration’s [crackdown on federal contracting](
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U.S. stock index futures turned lower on Friday as shares of Apple dropped after U.S. President Donald Trump said the company would have to pay a 25% tariff if phones sold in the country are not made within its borders.
Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.