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Stocks Soar on Hopes for Tariff Deals, Apple Pivots to India for iPhone Sourcing

The Rundown

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Tariffs, Apple’s Shift to India, and Emerging Competition

This chapter examines the impact of tariff negotiations on stock markets, specifically highlighting the strain on Apple as it navigates impending tariffs on Chinese goods. It also explores how Apple is adapting by increasing iPhone production in India and the competition posed by OpenAI's potential acquisition of a startup for a new AI device.

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