Apple shares pop 5% ahead of Trump-Cook investment announcement at White House
1. Apple shares rose 5% ahead of a major U.S. investment announcement. 2. CEO Tim Cook will increase U.S. investment from $500 billion to $600 billion. 3. Apple faces over $1 billion in tariff-related costs this quarter. 4. Cook emphasized the need for U.S. manufacturing amid ongoing tariff challenges. 5. Trump has pressured Apple to assemble iPhones in the U.S. instead of abroad.