According to foreign media reports, Apple (AAPL.US) CEO Tim Cook will attend an event with President Trump on Wednesday, where he is expected to announce Apple's new $100 billion investment commitment in the United States. Apple's stock price has recently risen by over 5%.
The report cites White House officials confirming that Apple will announce the news at 4:30 PM Eastern Time in the Oval Office, which includes Apple's commitment to a new &#34;Made in America&#34; initiative.
The official stated that with the new commitment, Apple's total investment in the United States over the next four years will reach $600 billion

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Apple's stock price rose more than 5% after foreign media reported that CEO Tim Cook will announce a $100 billion investment plan with Trump on Wednesday. The plan includes a commitment to a new "Made in America" initiative, with total investment by Apple in the U.S. expected to reach $600 billion over the next four years

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Apple rises over 5% as reports say Cook will announce a $100 billion investment plan with Trump this afternoon