Wedbush Securities analyst Dan Ives reduced price targets for Apple and Tesla due to President Trump’s tariffs threatening their businesses. Ives warned that Apple, with significant China production exposure, faces a “tariff economic Armageddon.” The analyst’s note highlighted the potential disruption caused by the tariffs on both companies.
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Framework stops selling some of its cheapest laptops due to Trump tariffs
Framework has announced a temporary pause in US sales of certain laptop models due to the Trump administration's tariffs that went into effect on April 5th. The affected models include the Framework Laptop 13 systems Ultra 5 125H and Ryzen 5 7640U, which have been removed from the company's website. The tariffs have forced Framework to reevaluate its pricing strategy, as other consumer goods makers have also taken similar actions in response to the increased...
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