On this episode of Stock Movers:
-Apple shares drop after President Trump threatened a 25% levy on Apple if the tech giant failed to move iPhone manufacturing to the US. Analysts at Wedbush estimate that such tariffs translate into iPhone prices of ~$3,500/
-Deckers shares drop as Owns Ugg boots and Hoka running shoes provided a disappointing fiscal first-quarter forecast. Management also declined to provide full-year guidance due to macro uncertainty related to evolving global trade policies.
-Intuit shares rise after the tax-preparation software company reported third-quarter results that beat expectations and raised its full-year forecast. BMO analysts say they remain supportive given more AI-fueled innovation launching in the coming weeks.

Super Micro Jumps, AMD Rallies on Upbeat Forecast, Intel Rises
03:13

Financial Service-Related Stocks Slip, PayPal Falls, Coinbase Drops
04:03

Alphabet Rises, Paypal Drops, Eaton Slides as 2Q Profit Forecast Misses Estimates
03:55