Reported 2 days ago
As the stock market prepares to open on February 19, 2025, futures are trending lower amid news of proposed 25% tariffs on automobiles, pharmaceuticals, and semiconductors from President Trump, alongside expectations of Federal Reserve meeting minutes. Intel shares dropped following reports of negotiations for its programmable chips unit, while Super Micro Computer's stock surged on strong projections for AI demand. Apple is poised to announce a new low-cost iPhone model, which could further impact its stock performance.
Source: YAHOO