Apple (AAPL)

AAPL stock finds it hard to hold onto gains as obstacles arise.

JPMorgan analyst had Overweight rating on Apple. Sensor Tower reported increase in App Store revenue and downloads. Counterpoint Research cuts growth expectations for global smartphone shipments.

The firm has revised its 2025 smartphone shipment growth forecasts due to uncertainty surrounding U.S. tariffs, with growth in North America and China expected to weaken.

Explore the S&P500 index on Wednesday and find out which stocks are the most active in today's session. Stay updated with the stocks that are capturing market interest and driving market movements.

According to the Financial Times, the hesitation by Chinese regulators stems from U.S.-China political friction, driven by President Donald Trump’s tariff threats and nationalist rhetoric targeting Chinese tech.

Spotify stock hit a record high on Wednesday after the streaming music leader scored a fresh buy rating from a Wall Street firm.

The company said the project will create 500 high-skilled jobs and support thousands more through its AWS data center supply chain.

May 2025 saw a record-breaking $1.75 trillion in market cap gain for the Magnificent Seven ETF. Apple dips but the ETF remains strong.

GlobalFoundries plans to invest $16 billion to expand U.S.-based chipmaking to meet artificial intelligence demand.

Dan Ives brings his bold predictions and tech expertise to the ETF market with the Dan Ives Wedbush AI Revolution ETF, centered around AI companies he's been bullish on for years.

Here are the latest moves from some of the most popular investors.

The three-year project is expected to generate $102.7 million in revenue by 2035, and aims to yield 50 products, 15 patents, and over $45.6 million in additional investment.

The firm also highlighted that it is collaborating with companies like Apple, SpaceX, AMD, Qualcomm Technologies, NXP, and GM that are committed to reshoring semiconductor production to the U.S. and diversifying their global supply chains.

Chinese e-commerce giants Alibaba and JD.com noted strong sales in their 618 shopping festival with government subsidy. Positive outlook on Chinese stocks.

According to a CNBC report, sales in Australia grew 9.30% YoY to 3,897 units during the month.

ADP’s jobs report showed private employers added just 37,000 jobs in May, down from 60,000 in April.

President Donald Trump has threatened to impose tariffs on Apple Inc. (NASDAQ: AAPL) and Mattel Inc. (NASDAQ: MAT) amid their reluctance to move manufacturing back to the U.S.

Counterpoint Research cut growth expectations for global smartphone shipments in 2025 to 1.9% due to Trump's tariff uncertainties. Apple and Samsung's shipments are expected to slow as costs are passed to consumers.

A Wall Street analyst on Wednesday downgraded Apple stock on earnings risks, rising competition and valuation.

According to Needham, for Apple’s shares to move meaningfully higher, the company needs a new iPhone upgrade cycle–something that the brokerage does not expect in the next 12 months.