Apple takes the hit as tariff shocks wipe $1 trillion off big tech

Apple led a dramatic selloff in tech stocks on Thursday after president Donald Trump’s sweeping new tariffs sparked panic across Wall Street, sending the Nasdaq to its worst day in years and wiping $1 tillion off the so-called Magnificent Seven. Apple shared plunged 8.3 per cent – their steepest single day drop since the pandemic-era [...]