It is unclear what the economy will look like after the GOP’s tax plan, but a recent survey from The Wall Street Journal that asked 68 business, financial and academic economists about who’s behind the economic upturn discovered that Trump is at least partially responsible for it.
Here’s what’s going on:
Apple Inc. (AAPL)
Apple made headlines last weekend over claims that it is slowing down old phones, but that didn’t stop customers from flocking its stores over the weekend.
The tech giant released a $29 battery replacement for old phones, which is offered along with a procedure conducted by store employees in order to reinvigorate the battery life of your phone.
The price marks a reduction from its previous price for a fresh battery, a move Apple likely made following reports of the company slowing the performance of iPhones with old batteries.
In some cases, stores have long times to see a technician, known at Apple stores as a “Genius.” These waits can take as much as hours in specific stations designed to help people with a battery replacement.
AAPL stock is up 4.6% year-to-date.
Ford Motor Company (F)
Ford is making headlines for all the right reasons this week.
Over the weekend, the automotive company unveiled the look of its sleek, new Mustang Bullitt with green paint, a dark grille and a fuel cap. The vehicle includes a full debadging and more.
Other features include a cue ball shift knob on its manual transmission, a unique exhaust, one-of-a-king 19-inch wheels and Ford says it carries “more power” than its Mustang GT.
The new Mustang Bullitt is capable of churning out “at least” 475 horsepower to go along with 420 lb.-ft of torque, as well as offering a top speed of 163 mph, ahead of the current GT.
F stock is up nearly 6% in 2018.
Microsoft Corporation (MSFT)
Microsoft is appeasing gamers by bringing back a fan favorite.
Xbox lovers will be happy with the company announcing the return of the original, thick ‘Duke’ controller, which will now be available for the Xbox 360, all One consoles and Windows 10 devices.
The controller is more expensive than current ones (and about twice as much as an Xbox One Elite wireless controller), but it does come equipped with an OLED display.
More details are expected to come during the coming week, such as which games will be compatible with the display and enhanced by it.
MSFT stock is up 4.7% YTD.
As of this writing, Karl Utermohlen did not hold a position in any of the aforementioned securities.