And so the week begins with trade rhetoric front and center.
Apple Feels Trump’s Heat
Apple AAPL faced some heat from President Trump over the weekend following a filing warning the trade war with China could hurt its profits.
Investors will be forced to balance that possibility with new products set to be unveiled by Apple on Sept. 12. The question this week on Apple: is a short-term top in the cards for the stock?
Alibaba’s Future
Alibaba’s BABA investors could pause to reflect on the future of the Chinese eCommerce giant. With Jack Ma announcing he will step aside as chairman in Sept. 2019 to focus on philanthropy, Alibaba will be minus its energetic founder.
Ford Also Feels Trump’s Heat
Ford F rebutted a Trump tweet suggesting it will make its small Focus Active in the United States. All in all, the last thing struggling Ford needs right now is a war of words with Trump.
Register for the free ‘Morning Jolt’ daily newsletter here.
You can also find us on…
SUBSCRIBE |
ACTION ALERTS PLUS |
FACEBOOK |
TWITTER |
PODCASTS |
THESTREET.COM |
LINKEDIN |
INSTAGRAM |
Sign up for ActionAlertsPlus.com today for exclusive insight into Jim Cramer’s charitable portfolio:
source
