How the Supreme Court’s decision affects Apple and its $3.3 billion tariff bill

President Donald Trump’s tariffs have cost the iPhone-maker about $1 billion each quarter.
Microsoft gaming chief Phil Spencer retires, replaced by ex-Instacart exec Asha Sharma

Phil Spencer is retiring from Microsoft after joining the software company 38 years ago, and will be replaced by Instacart’s former COO.
The best trades after geopolitical shocks as possible Iran conflict looms

Bank of America has a playbook for how various assets have performed in the aftermath of seismic geopolitical events.
Average IRS tax refund is up 14.2%, according to early filing data

The average IRS tax refund is up 14.2%, according to early filing data. Here’s what filers can expect this season.
Traders brace for Trump’s new tariff plan, possible Iran attack and Nvidia earnings

Investors will assess the Supreme Court’s tariff decision and look ahead to Nvidia’s latest financial results.
Beaten-down software stocks RingCentral and Five9 rally as earnings quell some AI concerns

Software stocks have been in sell-off mode in recent weeks on fears that new AI tools will uproot their longstanding business models.
Trump announces new 10% global tariff after raging over Supreme Court loss

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Watch: Trump to speak after Supreme Court strikes down tariffs

The Supreme Court ruling is a major blow to Trump, whose economic and foreign policies leaned on his asserted power to unilaterally slap tariffs on any country.
Stocks making the biggest moves midday: Amazon, Shopify, Grail, Akamai Technologies, Walmart & more

Here are some of the stocks making the biggest moves in midday trading.
With Trump’s ‘reciprocal’ tariffs struck down, here are the industries still facing higher rates

President Donald Trump’s so-called “reciprocal” tariffs were deemed unconstitutional by the Supreme Court, but some sector-specific tariffs remain in place.