Tech
Apple shares jump 5%, extend gains in afterhours after another $100 billion US investment
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Apple Inc shares gained 5.1% on Wednesday, and another 3% in after-hours trade, after US President Donald Trump and Vice-President JD Vance announced that the iPhone-maker will increase is US investment commitment by $100 billion over four years.
The Apple Inc CEO Tim Cook is using a familiar strategy to stay in Trump’s good graces by expanding the firm’s existing initiatives to show he supports his “Made in USA” agenda.
Trump and Vance announced that Apple would increase its US investment commitment to $600 billion from the $500 billion it had pledged…
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