Apple Stock News

Apple and other major US electronics stocks climbed sharply on Monday after the government granted a temporary exemption from new tariffs on Chinese imports. Apple was seen rising 5.86% in premarket trading.

Apple (AAPL), Dell Technologies (DELL), and other tech stocks surged in premarket trading Monday, after President Donald Trump imposed a pause on import tariffs on many electronic goods.

US stock indices are expected to continue rallying on Monday, where they left off last week, following the exemption from 'reciprocal' tariffs for smartphones and computers.   Tech companies were predicted to lead the gains at the start of the week, with Nasdaq 100 futures rising 1.7%, followed by a 1.5% gain for S^P 500 futures and 1% for the Dow Jones.

Apple and other companies might have a chance to negotiate tariff exemptions, potentially in exchange for U.S. manufacturing commitments.

Apple took the top spot for global smartphone sales in the first quarter on the back of the iPhone 16e's launch and strong demand in countries such as Japan and India, data from Counterpoint Research showed on Monday.

The three major US stocks in this article all look as if they are going to react positively to the announcement of only 20% tariffs on Chinese produced electronics.

In a chaotic weekend that left tech investors scrambling for clarity, the White House appeared to offer - and then swiftly blur - a reprieve from its latest round of tariffs. What began on Friday night with apparent exemptions for smartphones, semiconductors and tech components ended on Sunday with officials insisting those exemptions weren't exemptions after all, just tweaks to the way tariffs...

Weekend exemptions spared the iPhone titan, but Apple is now at the mercy of Trump.