Apple stock slips today as Apple Card shifts to JPMorgan, payrolls and earnings loom
Apple shares fell 0.8% to $260.33 in early Thursday trading after Alphabet surpassed its market value for the first time since 2019. Apple and JPMorgan said Chase will take over as Apple Card issuer in about 24 months, pending regulatory approval. Goldman expects the deal to add 46 cents per share to its Q4 2025 earnings. Investors await Friday’s U.S. jobs report and Apple’s Jan. 29 earnings call.