Trump Cancels 10% Tariffs on EU, Market Surges
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 21 2026
0mins
Source: Benzinga
- Tariff Policy Shift: Trump announced the cancellation of the planned 10% tariffs on EU countries set for February 1, citing a “very productive” meeting with NATO leaders regarding a Greenland framework, which is expected to enhance economic cooperation between the U.S. and NATO nations.
- Positive Market Reaction: Major U.S. indices surged, with the Russell 2000 climbing 2.0% to 2,697.66, indicating a strong response from small-cap stocks to the easing of trade pressures, marking a significant improvement in market sentiment.
- Tech Stocks Lead Gains: The market capitalization of the “Magnificent Seven” stocks, including NVIDIA, Alphabet, Apple, Tesla, and Meta, increased by over $400 billion, driving the Nasdaq 100 up by 1.9%, showcasing a robust recovery in the tech sector.
- Ongoing Negotiation Plans: Trump indicated that negotiations will continue with the Vice President and other officials regarding Greenland and related issues, suggesting potential future adjustments in trade policies that could impact global market dynamics.
Discover Tomorrow's Bullish Stocks Today
Receive free daily stock recommendations and professional analysis to optimize your portfolio's potential.
Sign up now to unlock expert insights and stay one step ahead of the market trends.
Analyst Views on AAPL
Wall Street analysts forecast AAPL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for AAPL is 299.69 USD with a low forecast of 230.00 USD and a high forecast of 350.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
32 Analyst Rating
19 Buy
11 Hold
2 Sell
Moderate Buy
Current: 256.440
Low
230.00
Averages
299.69
High
350.00
Current: 256.440
Low
230.00
Averages
299.69
High
350.00
About AAPL
Apple Inc. designs, manufactures and markets smartphones, personal computers, tablets, wearables and accessories, and sells a variety of related services. Its product categories include iPhone, Mac, iPad, and Wearables, Home and Accessories. Its software platforms include iOS, iPadOS, macOS, watchOS, visionOS, and tvOS. Its services include advertising, AppleCare, cloud services, digital content and payment services. The Company operates various platforms, including the App Store, that allow customers to discover and download applications and digital content, such as books, music, video, games and podcasts. It also offers digital content through subscription-based services, including Apple Arcade, Apple Fitness+, Apple Music, Apple News+, and Apple TV+. Its products include iPhone 16 Pro, iPhone 16, iPhone 15, iPhone 14, iPhone SE, MacBook Air, MacBook Pro, iMac, Mac mini, Mac Studio, Mac Pro, iPad Pro, iPad Air, AirPods, AirPods Pro, AirPods Max, Apple TV, Apple Vision Pro and others.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
Apple's Q1 Earnings Forecast Shows Strong Expectations
- Earnings Expectations Rise: Analysts forecast Apple’s Q1 earnings per share to reach $2.66, a 10.83% increase from last year's $2.40, indicating the company's continued ability to exceed market expectations and bolstering investor confidence.
- Revenue Growth Forecast: Expected Q1 revenue of $138.07 billion, up 10.99% from last year's $124.30 billion, would mark Apple's 12th consecutive quarter of beating revenue estimates, showcasing its strong market execution.
- Strong iPhone Sales: JPMorgan analysts highlight that robust iPhone sales and margins will drive Apple's performance, despite concerns over rising memory costs and service growth, with demand for the iPhone 17 expected to have a positive impact on results.
- Importance of AI Strategy: Analysts believe 2026 will be pivotal for Apple as it transitions from strong iPhone 17 sales to the iPhone 18 while advancing its AI strategy, potentially leading to a recovery in key markets like China and driving overall performance growth.
Continue Reading
Mastercard Reports Strong Q4 Results, Beats Estimates
- Significant Revenue Growth: Mastercard reported fourth-quarter net revenues of $8.81 billion, an 18% year-over-year increase that surpassed analyst expectations of $8.79 billion, indicating robust performance in the payments sector.
- Earnings Per Share Surge: Adjusted EPS rose 25% year-over-year to $4.76, exceeding the analyst consensus estimate of $4.25, reflecting the company's ongoing enhancement in profitability.
- Transaction Volume Increase: The total gross dollar volume reached $2.8 trillion, growing 7% in local currency, while cross-border volume surged by 14%, demonstrating a strong recovery in international business.
- Optimistic Future Outlook: Mastercard anticipates low double-digit revenue growth for Q1 and expects fiscal 2026 revenues to reach $36.8 billion, showcasing the company's confidence in future market conditions.
Continue Reading