Today: 28 April 2026
Apple stock ticks up after shareholders reject “China audit” proposal; Nvidia earnings in view
25 February 2026
1 min read

Apple stock ticks up after shareholders reject “China audit” proposal; Nvidia earnings in view

New York, Feb 25, 2026, 10:19 EST — Regular session

  • Apple stock edged up 0.3% in morning trade following the results of its annual meeting votes.
  • Apple investors shot down a measure addressing the company’s China risks, while they signed off on executive compensation.
  • Nvidia’s numbers, expected after the bell, have broader tech sentiment on edge.

Apple stock edged up 0.3% to $273 during mid-morning trading Wednesday, after investors at the company’s annual meeting rejected a so-called “China Entanglement Audit” proposal. Investing.com

The vote comes as investors scrutinize Apple’s exposure to China, stretching from its supply chain to wider geopolitical risks, and what the price tag looks like for moving production elsewhere. CEO Tim Cook reassured shareholders that while the company aims to keep raising its dividend every year, it’s prioritizing spending on things like artificial intelligence. “We start by making all of the investments we believe are necessary to grow and innovate,” Cook said. Reuters

Apple reported in a filing that shareholders signed off on its director slate and gave the nod to Ernst & Young as auditor. An advisory vote on executive pay also passed, but the shareholder proposal tied to China failed.

Apple picked up 2.24% to finish at $272.14 on Tuesday, with gains in megacap tech pushing the broader market higher.

Wall Street’s key indexes started out in positive territory Wednesday, with investors zeroing in on Nvidia’s much-anticipated earnings due out later. The results are seen as a major gauge for sentiment around the AI trade, especially after this year’s bumpy kickoff.

Early into 2026, tech stocks have split—hardware and chip makers are outpacing software names. “Nvidia’s earnings matter because they are kind of the linchpin of the Mag Seven,” said Chuck Carlson, chief executive officer at Horizon Investment Services. Reuters

Apple’s shareholder vote signals there’s not much push at the moment for more disclosures than what’s already on the table. The stock, then, stays pinned to the usual drivers: demand, margins, and the company’s ability to convert big bets on new features into more reliable growth.

The hazards are right there. Any abrupt escalation in U.S.-China friction, fresh tariffs, or a shock to the supply chain could push up costs or tighten supply, despite Apple’s ongoing push to diversify where it manufactures.

Nvidia steps into the spotlight after Wednesday’s close, with traders zeroing in on its results and outlook for clues about the “Magnificent Seven” narrative. Apple’s earnings are still a few weeks out, with the next report likely landing around April 30. public.com

Stock Market Today

  • Micron and Sandisk Shares Rally on Strong Memory Demand Forecast
    April 28, 2026, 10:49 AM EDT. Shares of Micron and Sandisk surged following Melius Research's bullish report projecting sustained strong demand for memory through the decade. Analyst Ben Reitzes upgraded Micron to buy, forecasting a 41% gain within 12 months, noting Micron's stock rose over 550% in the past year. Sandisk jumped 8.1% and has soared more than 3,000% over the same period. The rally is driven by a global shortage of Dynamic Random Access Memory (DRAM) and NAND flash memory, critical for AI computing and solid-state drives. Rising prices for DRAM, used in High Bandwidth Memory (HBM) for GPUs powering AI data centers, have triggered a market-wide surge. Bernstein analyst Mark Newman cited strong earnings revisions for Sandisk amid soaring memory prices. This supply-demand imbalance is also pushing up consumer electronics costs, with Gartner predicting a 17% rise in PC prices this year.

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