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4 tech giants President Trump calls ‘MAGA’ stocks have lost $1 trillion in the coronavirus-induced market rout
The tech giants are Trump's favorites because the beginning letters can be arranged to spell "MAGA" — the acronym used during his 2016 campaign.
The recent coronavirus-induced market rout represents "golden buying opportunities" for the top tech stocks, wrote Wedbush analyst Daniel Ives.
One Wall Street firm says investors should focus on Apple and other ‘tech winners’ amid the market selloff
Investors should "take a deep breath and focus on the tech winners for the next 5-10 years," especially Apple, Daniel Ives of Wedbush said.
A Wall Street analyst lays out a bleak worst-case scenario where coronavirus disrupts a 32% chunk of Apple’s business
Apple has already said coronavirus will weigh on revenues through March. But one firm is worried the company could be hit for much longer.
Warren Buffett has traded his flip phone for an iPhone, and says Apple is ‘probably the best business I know in the world’
"My flip phone is permanently gone," Warren Buffett told CNBC's Becky Quick in a television interview.
‘Tough pill to swallow for the bulls’: Here’s what 4 Wall Street analysts are saying about Apple’s coronavirus-stricken sales ...
Most research firms remain bullish toward the tech giant, praising its multiple revenue streams, surging Services business, and upcoming 5G iPhones.
Buffett said in his 2018 annual letter to shareholders that Berkshire Hathaway would aim to expand its holdings of marketable equities in 2019.
Apple sees $43 billion in market value wiped out after warning the coronavirus will push revenue below forecasts
Apple attributed the nullified forecast to a near-term hit to global iPhone supply and weaker demand in China.
Apple adds $18 billion in market value after its Chinese factories accelerate post-coronavirus re-openings
Foxconn, which produces Apple's iPhones and Airpods, hopes to resume 80% of all China production in March, according to Reuters.
Apple sees $27 billion of market value wiped out amid the delayed reopening of its main Chinese iPhone plants
Foxconn recently gained permission to reopen its Zhengzhou plant, but other factories remain closed.