Apple, facing tariffs on Chinese imports, says it will invest $500 billion in US facilities

Image source: Photo by Bangyu Wang on Unsplash

Apple, facing tariffs on Chinese imports, says it will invest $500 billion in US facilities. 🏗️ The company said Monday it will invest $500 billion on expanding US facilities over the next four years, a move that could help it avoid new tariffs on goods imported from China. CNN Business reports.

🌍 SiliconVsEU: Google, Meta executives blast Europe over strict AI regulation as Big Tech ups the ante. CNBC reports.

📊 WalmartWave: Walmart posted stronger-than-expected fiscal fourth-quarter earnings Thursday, but a muted near-term forecast tied to tariff and inflation risks sent shares in the world's biggest retailer sharply lower in early trading. The Street reports.

🚘 NissanLift: Nissan jumps on report Japan group seeking Tesla investment. Yahoo Finance reports.

🏆 OpenLead: OpenAI appears to be growing quickly despite increasing competition. The San Francisco-based tech company had 400 million weekly active users as of February, up 33% from 300 million in December. CNBC reports.

👔 ExecBonus: Meta approves plan for bigger executive bonuses following 5% layoffs. CNBC reports.

💵 ValueAmazon: Amazon attracts $119 million investment from activist hedge fund ValueAct. Benzinga reports.

💾 DropEarnings: Dropbox reports quarterly earnings of 73 cents per share which beat the analyst consensus estimate of 62 cents. Benzinga reports.

(All pricing and percent gains are based on Early Pre-Market from 4:00 AM to 7:00 AM Eastern Time)
Benzinga reports.

1) $STEC: Santech Holdings
Total gain: +321.34%

2) $RETO: ReTo Eco-Solutions
Total gain: +190.71%

3) $ORIS: Oriental Rise Holdings
Total gain: +87.49%

4) $ISPC: iSpecimen
Total gain: +44.82%

5) $CNEY: CN Energy Group
Total gain: +44.07%

* with Bob Iaccino, Chief Market Strategist and Co-Founder of Path Trading Partners.

Using Multiple Time Frames

One of my go-to methods is to look at multiple time frames. For example, while the daily chart might indicate a strong upward trend, the hourly chart could reveal short-term pullbacks that present buying opportunities. If I’m looking for a long trade, I might start with the daily chart to identify an overall trend, then drill down to the 30-minute or 15-minute chart for a precise entry point.

Practical Example: Filtering and Charting

In a recent session, I used a small-cap filter and identified stocks like American Coastal Insurance Corporation (ACIC), Magic Software Enterprises (MGIC), and Steelcase Incorporated (SCS). Starting with the daily chart, I look for patterns and trends that could indicate potential trades. For example, ACIC was approaching a death cross, a bearish signal, so I would lean towards short trades. In contrast, MGIC was above its 200-day moving average, making it a candidate for a long trade.

The closing price of the top three market percent gainers trading near or above $3 on February 21.

*All pricing and percent gains are based on regular market trading hours from 9:30am to 4:00pm Eastern Time

Benzinga reports

1) $MLGO: MicroAlgo
Total gain: +503%
The stock appeared to be moving on no notable news.

2) $PONY: Pony AI
Total gain: +32.83%
The stock appeared to be moving on no notable news.

3) $BOXL: Boxlight
Total gain: +28.29%
The stock appeared to be moving on no notable news.

Time (ET) / Report / Period

None scheduled

“The successful investor is usually an individual who is inherently interested in business problems.”- Philip Fisher

Sourced in: “Common Stocks and Uncommon Profits”, by Philip Fisher, published in 1958