WLFI, run by the Trump family's World Liberty Financial, falls 25% to ~$0.21 on its first trading day, giving it a ~$6B market cap; Trump's WLFI is worth ~$3.6B
WLFI tokens in circulation have a total nominal value of $6.4bn — The crypto token of a project backed by US President Donald Trump fell …
Trump says a 25%+ tariff “must be paid by Apple” on iPhones not made in the US, and he told Tim Cook long ago that iPhones sold in the US must be made in the US
will other tech companies face the heat? Here's what the US President said The Economic Times : Trump threatens 25% tariff on iPhones not made in US, targets India production Scott...
President Trump says that the tariffs he has threatened against Apple would also be aimed at “Samsung and anybody that makes that product”
“It would be more,” Trump said when asked at the White House whether his tariff threat would only apply to Apple.
President Trump pauses tariffs on most countries for 90 days, setting a 10% “lowered Reciprocal Tariff”, and sets 125% tariffs on China “effective immediately”
- President Donald Trump announced a 90-day pause on the full effect of his new tariffs for at least some countries.
Trump pardons BitMEX founders Arthur Hayes, Benjamin Delo, and Samuel Reed, who previously pled guilty to federal criminal charges related to money laundering
Is Do Kwon Next? Associated Press : Trump pardons founder of electric vehicle start-up Nikola, Trevor Milton Assad Jafri / CryptoSlate : Trump exonerates BitMEX co-founder in landm...
Analysis: Apple's $500B+ spending announcement in the US over four years is in line with what one might expect it to spend anyway, given its financials
Dan Gallagher / Wall Street Journal :
Analysis: Apple's $500B+ spending announcement in the US over four years is in line with what one might expect it to spend anyway, given its financials
Dan Gallagher / Wall Street Journal :
Apple says it will spend $500B in the US over the next four years, hire 20,000 new US workers, and produce AI servers in Texas, after Tim Cook met with Trump
- Company to begin producing Apple Intelligence servers in Texas — $500 billion planned to be invested in US over next four years