Apple Stock Rises 1% on US Relocation with $500B Investment, While Big Tech Declines
Apple stock made decent gains today on news that it will invest $500 billion in the US, while most major tech shares declined.
While most major tech stocks ended the day with sharp losses, Apple (AAPL) stood out by closing 1% higher. The company had been on an impressive upward trajectory throughout 2024, but a sharp pullback in late December saw its stock retreat from just under $260 to below $220 by the end of January 2025. The 100-day Simple Moving Average (SMA) provided crucial support, allowing for a rebound.
Apple Chart Daily – Defies Tech Downturn with Strong Performance
However, following its January 31 earnings report, lower-than-expected iPhone sales in China briefly pushed the stock downward again. Despite this, Apple has managed to recover much of those losses and now sits just 5% below its previous peak. With the latest announcement of a massive domestic investment, the stock is likely to sustain its bullish momentum.
Major Apple Investment Plan Signals Commitment to US Expansion
Yesterday we heard that Apple is going to inject over half a trillion dollars into the United States economy during this presidential term, which sound like a relocation. It will starting with the development of an major manufacturing facility in Texas. This announcement follows a recent meeting between Apple’s CEO and US President Donald Trump, who has been advocating for increased corporate investment within the country.
The initiative should open 20K new positions, with the majority focused on software development, artificial intelligence (AI), and research and development. This could also be positive for US stock markets in general. Apple also plans to expand its U.S. Advanced Manufacturing Fund and establish a new academy in Michigan to train future American manufacturers. Additionally, the company will collaborate with suppliers across the country, including launching a high-tech facility in Houston dedicated to producing servers that support Apple Intelligence.
Apple’s significant investment marks a strategic push to strengthen its domestic operations while reinforcing its commitment to innovation and job creation within the U.S.
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