To The Moon

1042 GMT - The U.S. administration's latest update on tariffs is a big relief for Apple, JPMorgan analysts write in a note. The Trump administration announced a temporary exemption for some tech products from the so-called reciprocal tariffs. These exemptions are expected to boost investor confidence regarding a potential direct impact on costs for the hardware industry, including Apple, the analysts say. However, the tech company's shares are unlikely to return to near-term peaks immediately given the remaining concerns, they add. Apple shares are up 4.9% premarket at $207.89.

Tesla announced an all-hands meeting with short notice, causing some employee confusion.Tesla said the meeting aims to discuss Tesla's recent achievements.Tesla's unusual timing and deleted livestream