WSJ Your Money Briefing What’s News in Markets: Apple’s Investment, Fannie and Freddie’s IPO, Crocs’ Misstep
Aug 9, 2025
Discover how Apple dodged tariffs on its chips and what this means for the tech giant's future. Unpack the potential IPOs of mortgage lenders Fannie and Freddie amidst a wave of market speculation. Plus, find out what led to a significant drop in Crocs' shares. The podcast dives into the latest market movements and notable stock shifts, keeping you informed on the week’s financial drama.
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AI Stocks Drive The Market Rally
- Investors piled into AI-related stocks, pushing major indexes higher this week.
- The Nasdaq hit a record while the S&P 500 and Dow also climbed.
Apple Secures Tariff Exemption With Pledge
- Tim Cook pledged $100 billion for U.S. manufacturing in a White House appearance.
- The pledge secured an exemption from proposed ~100% tariffs on chips for Apple.
Fannie And Freddie Could Be Partly Privatized
- The Trump administration plans to sell stock in Fannie Mae and Freddie Mac, possibly raising $30 billion.
- Analysts warn mortgage rates could rise if the implicit government guarantee weakens.