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Apple Leads Tech Sector's Massive $900 Billion Market Loss
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I don't think tariffs even rise to any where near the top of the economic problems in the US.
Depends on whether you care about your kids, parents, friends, and other's that are not criminals.
Only dems talk about 2025 and there is already an OS just like that in android.
Gee, wonder why Republicans aren't so eager to talk about all the weird creepy **** they want to do and were dumb enough to write down in one gigantic document 🤣
Stop with this logic. No one ever wants that. 🤣🤣
Of course only dems are talking about it, because right now the GOP is trying their best to hide the fact that their party put out such a document in the first place.
It's not strange if you've paid any attention to what he's said such as during Berkshire Hathaway's annual shareholding meeting back on May 4.
At the time, he said he preferred cash because (1) stocks were priced too high and (2) he was concerned with "what's going on in the world."
Besides Apple, he's been liquidating his 2nd largest stock holding (Bank of America) for 12 days straight.
Maybe he wants to increase his stake in insurer Chubb or even buy them out completely. He already owns Geico, National Indemnity, General Re, and others so it wouldn't be out of line with his businesses.
But we're talking about Apple the company and it's stock price.
For Americans, foreign goods will be more expensive which is almost all consumer electronics.
Here is what the US imports from China (according to ChatGPT):
. 1. Electronics: Smartphones, computers, and other consumer electronics.
2. Machinery: Industrial machinery and electrical machinery.
3. Apparel and Textiles: Clothing, footwear, and related accessories.
4. Furniture: Home and office furniture.
5. Toys and Sporting Goods: Toys, games, and sporting equipment.
6. Vehicles and Parts: Auto parts and accessories.
7. Chemicals: Various chemical products.
8. Plastics and Rubber: Products made from plastic and rubber.
9. Medical Equipment: Medical devices and supplies.
10. Household Goods: Appliances, kitchenware, and other household items.
A lot of these will be very difficult to replace with enough domestic production thus making American consumer spay more.
If you vote for Trump you'll have a lousy economy but he will continue to gaslight the US and say it's the best economy ever in the history of humanity.
It is interesting the way the market responds sometimes. I know the July jobs report with 114k jobs isn't the only factor, but July 2019 had 90k jobs added and July 2018 had 55k jobs, and the market didn't freak out. 2019 was a pretty lousy year in general for jobs.
The stock market is the least of our worries this coming election, not with democracy itself at stake.
It's more than just profit-taking. There's also the issue of a possible major war between Iran and Israel that could close perhaps the world's most critical waterway, the Strait of Hormuz, if the war breaks out.
Frankly, we may be reaching a temporary limit on investing in AI due to the HUGE power demands from large AI servers. Just that could slam Alphabet (Google), Microsoft and nVidia because of their very huge investments into AI technology. That's the reason why Apple Intelligence is designed to operate on the local M1-M4 and A17 Pro and new SoC's to reduce the server power demand.
Frankly, we may be reaching a temporary limit on investing in AI due to the HUGE power demands from large AI servers. Just that could slam Alphabet (Google), Microsoft and nVidia because of their very huge investments into AI technology. That's the reason why Apple Intelligence is designed to operate on the local M1-M4 and A17 Pro and new SoC's to reduce the server power demand.
I’m not sure about that. Many are saying the damage done over the last 3 1/2 years could take 10-15 years to fix. 11.6 trillion deficit added in less than 4 years won’t be wiped out anytime soon. For context it took this country something like 150 years to rack up that much debt.
Regarding Apple, the writing was on the wall. They’re not growing. There’s no vision. Apple has become risk-averse and following trends instead of trendsetting. You can only prop up the stock for so long with buybacks. Apple has essentially become a utility, growing/shrinking based on the iPhone upgrade cycle. Admittedly, Steve creates one of the best business models we’ve ever seen, by all good things come to an end without proper guidance/vision.
Mark my words: Apple intelligence will not be the main selling factor Apple thinks will be.
Zero innovation, just changing colors and a camera sensor (not new) from a 3dr party. Zeeeeero innovation, just following the tech leaders, including Chinese companies.
Zero innovation, just changing colors and a camera sensor (not new) from a 3dr party. Zeeeeero innovation, just following the tech leaders, including Chinese companies.
When put head to head, Biden wins on job growth, national debt, stock market and economy growth. The only thing that Trump has going for him is inflation is still higher than it was in 2021. Of course the primary source of this inflation is usually attributed to Trump's and Biden's handling (COVID stimulus payments) of the pandemic. Instead of listening to professional liars, why not listen to professional economists?
Unfortunately Americans care more about the economy than any of those things when it comes to voting. We all know it's true.
I happen to like Apple's current slate of products and view them as meaningful innovation, but what do I know?
I suppose that's the reality when you are a company the size of Apple, serving as many customers as they do. There simply is no way of keeping everyone happy, and I guess I am just lucky to be on the "right side" of their product design.
Love how everyone here is blaming politicians when the issue is clearly overeager investors dumping bazillions of dollars into AI enterprises without any clue what the technology is or how it can be made profitable. This is all due to private enterprise, not public policy.
Still better than the $184ish it was only a few short weeks ago. If their value shot up like it did on something as vague as AI then I still have full faith in the stock price long term.