How Trump’s tariffs could make your iPhone cost $3,500
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A Google stock panic, Microsoft vs. Amazon, and Jamie Dimon on tariffs: Markets news roundup

A Google stock panic, Microsoft vs. Amazon, and Jamie Dimon on tariffs: Markets news roundup

Plus, Trump talks tough on Canada — while importing more cars, lumber, and oil

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Image for article titled A Google stock panic, Microsoft vs. Amazon, and Jamie Dimon on tariffs: Markets news roundup
Photo: Sean Gallup (Getty Images), Kevin Dietsch (Getty Images), Anna Moneymaker (Getty Images), Chip Somodevilla (Getty Images), Spencer Platt (Getty Images), Paul Morigi (Getty Images), Justin Sullivan (Getty Images), Michael M. Santiago (Getty Images), Kevin Dietsch (Getty Images)
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Image for article titled A Google stock panic, Microsoft vs. Amazon, and Jamie Dimon on tariffs: Markets news roundup
Photo: Sean Gallup (Getty Images)

Google (GOOGL) stock slid 7% on Wednesday after Apple’s (AAPL) head of services, Eddy Cue, dropped a bombshell during antitrust testimony: Safari search volume had declined in April for the first time in over two decades.

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Photo: Kevin Dietsch (Getty Images)

JPMorgan Chase (JPM) CEO Jamie Dimon had some critical words for President Donald Trump’s tariffs — but he said he also understands the intent behind them.

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Photo: Anna Moneymaker (Getty Images)

On Tuesday morning, President Donald Trump dismissed the value of U.S.-Canada trade in a Truth Social post, specifically declaring that the United States doesn’t need Canadian cars, energy, or lumber.

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Photo: Spencer Platt (Getty Images)

In a stark warning, billionaire hedge fund manager Paul Tudor Jones said that even a partial retreat by President Donald Trump on his aggressive tariff policies won’t be enough to spare the stock market from deeper losses.

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Photo: Paul Morigi (Getty Images)

The Trump administration is restarting collections on defaulted federal student loans beginning Monday, May 5, targeting more than five million borrowers who haven’t made payments in months — or, in some cases, years.

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Photo: Justin Sullivan (Getty Images)

The U.S. trade deficit widened more than expected in March, rising to $140.5 billion — a 14% jump from February’s revised $123.2 billion, according to new data released Tuesday by the Census Bureau and Bureau of Economic Analysis.

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Photo: Michael M. Santiago (Getty Images)

With almost $10 trillion in combined market cap across Microsoft (MSFT), Amazon (AMZN), Apple (AAPL), and Meta (META), last week’s Big Tech earnings weren’t just dry corporate updates. They were market-moving events.

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Photo: Kevin Dietsch (Getty Images)

Palantir (PLTR) reported strong first-quarter results after the close on Monday, showcasing rapid growth across its U.S. operations — but that wasn’t enough to satisfy Wall Street. Shares of the AI and data analytics software provider dropped as much as 15% on Tuesday, a sharp slide for a stock that’s risen almost 1,000% in the last 5 years.

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The Trump administration restarted collections on defaulted federal student loans this month, targeting more than five million borrowers who haven’t made payments in months — or, in some cases, years.

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