Lutz Miller, author at Seeking Alpha, discusses the toy collectibles market and why now is a good time for investors to get in.
Lutz talks about the toy company, Funko, that recently went public. It allows adult collectors to buy figures from some of the biggest film franchises like Marvel's "Black Panther" and Disney's "A Wrinkle in Time." Since going public, the company's stock has overall been flat. Lutz explains why now is still a good time to get into a stock like Funko, especially if you're new to the toy collectible industry.
Apple CEO Tim Cook said Thursday that the majority of iPhones sold in the U.S. in the current fiscal quarter will be sourced from India, while iPads and other devices will come from Vietnam as the company works to avoid the impact of President Trump’s tariffs on its business. Apple’s earnings for the first three months of the year topped Wall Street’s expectations thanks to high demand for its iPhones, and the company said tariffs had a limited effect on the fiscal second quarter’s results. Cook added that for the current quarter, assuming things don’t change, Apple expects to see $900 million added to its costs as a result of the tariffs.
