Morning Movers: Apple adds to yesterday’s gains, Trump calls out Intel CEO

Stock futures are pointing higher as investors tangle with a mix of geopolitical tension, corporate optimism, and investor resilience. The most prominent development is the implementation of sweeping tariffs by President Trump, targeting dozens of countries. These new duties, which took effect just after midnight, have stirred global reactions. Despite the trade friction, U.S. markets are showing surprising strength.

Apple (AAPL) is leading a tech rally, with its shares climbing more than 5% yesterday and continuing to rise in premarket trading. The company’s announcement of a $100 billion investment in U.S. manufacturing has been well received, and chip stocks are gaining even as Trump threatens 100% tariffs on semiconductors. Notably, exemptions are being offered to firms that commit to domestic investment, which is helping to buoy sentiment in the sector. However, Trump has publicly called out the CEO of Intel (INTC) and sent shares lower as the president demanded the the executive “resign, immediately.”

In pre-market trading, S&P 500 futures rose 0.58%, Nasdaq futures rose 0.75% and Dow futures rose 0.47%

Check out this morning’s top movers from around Wall Street, compiled by The Fly, and subscribe to the Fly By on YouTube. 

UP AFTER EARNINGS –

• Celsius Holdings (CELH) up 24%
• Insulet (PODD) up 15%
• Peloton (PTON) up 12%
• Elanco (ELAN) up 9%
• Warby Parker (WRBY) up 7%
• Datadog (DDOG) up 6%
• Hyatt (H) up 5%
• Becton Dickinson (BDX) up 5%
• SolarEdge (SEDG) up 4%
• Papa John’s (PZZA) up 4%
• Ralph Lauren (RL) up 2%
• Zimmer Biomet (ZBH) up 2%
• DoorDash (DASH) up 5%

DOWN AFTER EARNINGS –

• Crocs (CROX) down 19%
• Eli Lilly (LLY) down 7%
• Restaurant Brands (QSR) down 1%
• Yeti (YETI) down 1%
• Airbnb (ABNB) down 6%
• Lyft (LYFT) down 1%