Apple Loses $300 Billion in a Day as Trump's Tariffs Slam Big Tech (Does it Matter?)
Tech stocks are under major pressure as Trump’s global tariff wave hits companies like Apple and Amazon hard. Apple alone shed over $300 billion in market value as reciprocal tariffs raise major questions about supply chains and profits. Meanwhile, Amazon is turning Prime Day into a four-day mega sale, while job openings hit a four-year low and mortgage rates finally drop—just as affordability reaches historic lows. Also on the radar: Affirm will now report Buy Now, Pay Later loans to credit bureaus, a move that could change how millions build (or damage) their credit.
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