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Big 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.
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WPLG broke the news in Miami, United States on Monday, April 21, 2025.
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