* WHITE HOUSE ECONOMIC ADVISER HASSETT SAYS LIKELY TO SEE INVESTMENT COMMITMENT FROM APPLE ON WEDNESDAY -- FOX BUSINESS INTERVIEW @reuters.com $AAPL
* WHITE HOUSE ECONOMIC ADVISER HASSETT SAYS LIKELY TO SEE INVESTMENT COMMITMENT FROM APPLE ON WEDNESDAY -- FOX BUSINESS INTERVIEW @reuters.com $AAPL
I hate seeing Apple and Hassett in the same sentence.
Are they going to announce it at the ribbon cutting of the Foxconn Wisconsin fab?
I bring up this first term "crown jewel" often.
Doesn’t Apple make these commitments fairly regularly and then not follow through?
Quid pro quo
Apple hands those out all the time, they’re always either meaningless or money they were planning to spend anyway and they count stuff like “the 70% of app revenues we don’t steal from developers” as “investment”
Because they need some predictability on tariffs from these idiots before they can price their new iPhones next month
More projection, just like speaking for Harvard I bet
My penny jar is getting full, so ... At this time, I wish to announce my plans to acquire Nvidia and take it private. 🙃
once you get on your knees, you take whatever they put in your mouth…
"The army of millions and millions of human beings screwing in little screws to make iPhones -- that kind of thing is going to come to America." 🎉
Trump secures commitment, “Sun comes up tomorrow!”
Remember when administrations didn't feel like they had to tout everything happening in the private sector to distract from their idiocy? 🤔
#EconSky Free market rules 🙃
pump and dump
Get your tiny screwdrivers ready
Sure
Bullying American firms to run shit in the US at lower profits and higher prices for everyone . Well done Don.
So Republicans are against free enterprise and Capitalism now?
Yep, because it’s rare for Apple to invest… This seems to be the new play - the government announcing (and trying to take credit for) decisions made by private entities.
And it likely isn’t even real. Let’s watch and see if Apple ever actually contracts to build.
Which Wednesday?
Funny how government threats can make the smart and powerful bow down to clowns.
It is a $2.5B investment in a partnership with Corning to make glass in the US. I like Apple, and they should have rallied some after earnings, but this is not a $100B investment and not a reason to be up 10%. The market is also rallying on 100% tariffs for semis. WTF? The market has gone insane.
Which they won’t keep but the announcement will satisfy the orange terror.
Bet
IOW, our economy is no longer driven by a Free Market, but by deals struck up...to avoid Govt retaliation...
Commitment = Bribe
What announcement, especially about future events, from Hassett, Lutnick or anyone from this administration has proven reliable? IMO - Not news. Until it happens, anything they say is just propaganda
See FoxCon and Wisconsin...
Being from Wisconsin, I bring up this "Crown Jewel" of Scott Walker's and Trump's first term often
🥱 They have claimed $16 trillion in investment already. Where is it? Why is the economy tanking then? Hassett is a stone cold liar. He just does it with a smile, not a scowl.
Are they going to hire all the Medicaid people living in their parents basements?