Keith Fitz-Gerald, chief investment officer at The Fitz-Gerald Group, analyzes Apple and explains why Palantir stock hit $100 per share at Varney & Co.
Apple’s board of directors urged shareholders to reject the proposal that would require the company to wind down its business Diversity, Equity and Inclusion (DEI) programs, arguing that the move would be “unnecessary.”
the iPhone maker The defense of its DEI programs comes as many major companies are backing away from so-called “woke” initiatives following a 2023 Supreme Court ruling against affirmative action and amid public pressure from activists.

tape | protection | last | It changes | % changes |
---|---|---|---|---|
Apple | Apple Inc | 236.85 | -5.85 |
-2.41% |
A proxy filing released ahead of Apple’s 2025 annual meeting shows that the National Center for Public Policy Research, a free-market think tank and activist shareholder, suggested Apple should abandon its DEI efforts, saying such programs put the company at greater risk. He is being sued To distinguish.
Will Dai die? Here is a list of companies that have rolled back their “woke” policies
But Apple recommended shareholders vote against the proposal, stating that it was “unnecessary because Apple already has an established compliance program and the proposal inappropriately attempts to restrict Apple’s ability to manage its normal business operations, people, teams, and business strategies.”
Panelists Jennifer See and Daniel Cameron discuss how big companies are pushing back on DEI and ESG programs on “The Bottom Line.”
DEI often involves prioritizing race, gender or sexuality in hiring, training and programming, and conservatives have criticized the initiatives as divisive and discriminatory. DEI advocates say these efforts address racial divisions and provide support for groups that have been historically marginalized.
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DEI policies have faced increasing scrutiny over the past year or so, prompting at least a dozen major U.S. companies and hundreds of universities to back away from these commitments, including Walmart, Meta, and Ford.
tape | protection | last | It changes | % changes |
---|---|---|---|---|
And die | Walmart Inc | 91.59 | -1.41 |
-1.52% |
dead | Meta Platforms Inc | 615.86 | +5.14 |
+0.84% |
F | Ford Motor Company | 9.65 | -0.09 |
-0.92% |
But Apple isn’t alone in standing strong behind its DEI efforts. The majority of major American companies still have such programs in place, as happened with Costco recently It defended its DEI policies While urging its shareholders to reject the proposal that would terminate them.
tape | protection | last | It changes | % changes |
---|---|---|---|---|
It costs | Costco Wholesale Company | 936.94 | +9.57 |
+1.03% |
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FOX Business’ Kristin Parks contributed to this report.
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