- Apple shares rose 13% this week, its largest weekly gain in more than five years, after CEO Tim Cook appeared with President Donald Trump in the White House on Wednesday.
- At the White House on Wednesday, Cook appeared with Trump to announce Apple’s plans to spend $100 billion on American companies and American parts over the next four years.
- The company’s plans to buy more American chips pleased Trump, who said Apple would be exempt from future tariffs that could double the price of imported chips.
https://www.cnbc.com/2025/08/08/apple-has-best-week-since-july-2020-after-tim-cooks-white-house-visit.html