Apple: Bernsteins Says APPL Faces Increased Risk After Trump Win
Although Wall Street had some of its best-performing days of the year after the 2024 presidential election results, that doesn’t ring true for every company. Indeed, Apple (APPL) may be set to struggle, as Bernstein says the company faces increased risks after Donald Trump’s reelection victory this month. Specifically, the management firm predicts increased difficulty for US-based hardware firms. They project that manufacturers are set to have earnings impacted by some of the policies that the returning president is planning when he once again takes over the Oval Office. Source: CNET Also Read: Apple: APPL to Take on Meta as They Explore Key Expansion Apple Earnings to be Affected by Trump Return, Bernstein Warns Apple has long remained one of the most prominent companies in the United States. Not only was it the first to reach a market cap of $2 trillion and $3 trillion, but it is seeking to outpace Nvidia (NVDA) to be the first to reach the $4 trillion mark. Yet, that coul...