Tim Cook hails Apple’s $600 bn US investment as ‘Domino Effect’
Apple CEO Tim Cook called its $600 billion US investment plan an "extraordinary commitment" that will boost 79 factories and spark a "domino effect" in local supply chains. Speaking from Corning's Kentucky plant, he said Apple has faced no shareholder pushback and will also support SMEs via a Detroit academy. Apple shares, down 5% YTD, have turned 'bullish' on Stocktwits.