Apple, Nvidia, Tesla, Nike, RH, Lucid, and More Stock Market Movers - Barron's
1. Trump announced 10% tariffs on all imports and elevated tariffs on select countries. 2. Apple's stock fell 6.7% due to heavy reliance on Chinese manufacturing. 3. Wedbush's analyst called the tariff announcement far worse than feared. 4. Tech stocks are anticipated to face significant pressure from demand destruction concerns. 5. Tariffs on China dramatically affect Apple's supply chain and profit margins.