Apple quarterly earnings beat Wall Street expectations amid Trump trade policy chaos

Trump said consumer electronics will be exempted from his soaring tariffs on China, though it is unclear for how longApple’s second-quarter financials came in slightly higher than Wall Street’s expectations on Thursday.The tech giant reported revenue of $95.4bn, up more than 4% over last year, and earnings-per-share of $1.65 per share, up more than 7%. Analysts had predicted revenue of $94.5bn and earnings of $1.62. The company, worth $3.2tn, has beaten Wall Street’s expectations for the previous four quarters. Continue reading...

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U.S. robot makers hope to beat China in humanoid race. Tariffs could affect their ambitions

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