US EditionBig Tech’s “Magnificent Seven” heads into earnings season reeling from Trump turbulence
- Big Tech companies have lost $3.8 trillion, or 22%, in market value since Donald Trump's inauguration on January 20, 2025, amid tariff concerns and regulatory scrutiny.
- Tariffs introduced by the Trump administration have significantly impacted Big Tech's supply chains in China and other markets, causing uncertainty, according to analyst Dan Ives.
- Nvidia faced a $5.5 billion charge due to a ban on selling AI chips to China, adding to the financial pressures faced by Big Tech.
- Analyst Dan Ives mentioned that the mass confusion created by constant news flow out of the White House is dizzying for the industry and investors.
90 Articles
90 Articles
Wall Street Braces for ‘Magnificent 7’ Earnings Season Amid Market Turmoil
Big Tech will start its quarterly earnings season on April 22 as investors brush themselves off after a sharp selloff to begin the trading week. Market watchers will attempt to determine the future impact on companies’ bottom lines. It might not be easy to deduce, as the tech industry’s megacap companies will likely express an old refrain: uncertainty. The “Magnificent Seven” stocks—Amazon, Alphabet, Apple, Meta Platforms, Microsoft, Nvidia, and…
Big Tech heads into earnings season reeling from Trump turbulence
As Big Tech kicks off its quarterly earnings season this week, the industry's bellwether companies have been thrust into a cauldron of uncertainty and turmoil that they didn't anticipate when Donald Trump re-entered the White House nearly 100 days ago. Since President Trump's Jan. 20 inauguration, Big Tech stocks have…
Big Tech enters earnings season bruised by Trump administration turmoil
As Big Tech kicks off its quarterly earnings season this week, the industry’s bellwether companies have been thrust into a cauldron of uncertainty and turmoil that they didn’t anticipate when Donald Trump re-entered the White House nearly 100 days ago.Since President Trump’s Jan. 20 inauguration, Big Tech stocks have been on a see-sawing ride that has eviscerated trillions of dollars in shareholder wealth amid an onslaught of tariffs and other p…
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