The president said he would issue a 50% tariff on the EU and a 25% tax on Apple in a pair of Truth Social posts.

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?

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.

Bloomberg journalists discuss today's biggest winners and losers in the stock market. Listen for analysis on the companies making news on Wall Street.

FY25, up 12% YoY, with a 75.7% gross margin, driving profit expansion. Over one billion paid subscriptions support recurring revenue growth, reducing reliance on slowing iPhone sales and hardware cycles.

The U.S. equities market was falling midday Friday, as technology stocks weighed on major benchmarks. The Dow Jones Industrial Average was down 311 points, or 0.7%, to 41,548. The S&P 500 was falling almost 49 points,