New York, Feb 22, 2026, 10:12 (ET) — The market has closed.
- Apple ended the last session up 1.54% at $264.58, just before markets open again on Monday.
- The U.S. Supreme Court’s decision on Trump-era tariffs drove sentiment heading into the weekend.
- Apple investors are set to vote Feb. 24, with one proposal on the docket labeled the “China Entanglement Audit.”
Apple Inc finished Friday at $264.58, notching a 1.54% gain as the weekend arrived. The Dow advanced 0.47%, S&P 500 picked up 0.69%, and the Nasdaq climbed 0.90%.
After the U.S. Supreme Court struck down President Donald Trump’s global tariffs, megacap tech stocks jumped. Alphabet climbed 3.7%, Amazon picked up 2.6%. Trump blasted the decision as a “disgrace,” promising a 10% global tariff for 150 days under Section 122 of the Trade Act of 1974. Nvidia’s quarterly results, set for Feb. 25, remain a key focus for AI-driven traders. “Today is a removal of some uncertainty, and we’re on to the next phase,” said Mike Dickson, head of research and quantitative strategies at Horizon Investments. Reuters
Apple’s exposure is straightforward—trade policy shifts can rattle consumer-electronics firms quickly, whether it’s through costs, pricing, or demand outlooks. Investors waste little time adjusting for that kind of risk, particularly when a company is a linchpin in global manufacturing.
Now that the market’s shut, attention turns to Monday. Traders are eyeing whether relief sticks as focus moves from the court’s tariff decision to specifics on its replacement—and watching where rates go from here.
But that trade can turn. A short-term levy might expand, face more legal fights, or spark payback overseas—the same policy news that sent Apple higher Friday could just as quickly send it the other way.
The next date on Apple’s calendar: its annual shareholder meeting, set for Feb. 24 at 8:00 a.m. Pacific—virtual this year, according to a proxy statement. Investors will weigh in on board seats, auditor approval, compensation for top execs, plus an updated stock plan targeting non-employee directors. One item the board doesn’t support: a shareholder proposal dubbed “China Entanglement Audit.” Anyone looking to submit questions ahead of time faces a Feb. 23 cut-off. SEC
Annual meetings don’t typically jolt a stock, but this week’s falls as investors are jittery over geopolitics and supply worries. The China-centric proposal hands Apple shareholders a fresh angle on how the company should address risk.
Apple’s finish on Friday sets the tone heading into Monday. Next up for AAPL: the shareholder vote scheduled for Feb. 24.
