Apple Inc (NASDAQ:AAPL) shares are trading higher Wednesday following reports that the company will make an investment commitment announcement at the White House.What To Know: Bloomberg reported that President Donald Trump is set to announce a $100 billion domestic manufacturing commitment from Apple. The plans are aimed at bringing more of the iPhone maker’s supply chain to the U.S. amid tariffs from the Trump administration."Today's announcement with Apple is another win for our manufacturing industry that will simultaneously help reshore the production of critical components to protect America's economic and national security,” White House spokesperson Taylor Rogers reportedly said in a statement.Earlier this year, Apple committed to investing over $500 ...Full story available on Benzinga.com
Apple Stock Is Rising Wednesday: What's Going On?