ADVERTISINGThe seven great American technology -a group formed by Apple, Microsoft, Nvidia, Amazon, Tesla, Alphabet (Google) and Meta (WhatsApp, Facebook and Instagram) – They have seen their stock market valuecombined in 4.2 billions of dollars (3.7 billion euros), or what is the same, and 24%from the inauguration of Donald Trump until last Monday. This financial damage was deepened after the imposition of global tariffs by the United States, due to the strong impact on their supply chains with origin in China and other key actors worldwide.
The temporal freezing of most punitive tariffs and the exemption of most rates on electronic products from China They have meant a certain relief, but Trump has made it clear that the pardon can be of short duration. The ghost of Trump’s commercial war looms over large technology companies. “The mass confusion created by this constant flow of news that leaves the White House is dizzy to the industry and investors and creating massive uncertainty and chaos for companies that try to plan their supply, inventory and demand chain,” says Wedbush Securities analyst Dan Iives.
The commercial war between the US and China hits Nvidia
The Nvidia chips manufacturer suffered an important setback during the past week, when the Trump administration forbidden to sell one of its popular artificial intelligence chips to China. This led the company to discount 5.5 billion dollars (4.8 billion euros) of income of the processors’ stocks that intended to export to the Asian giant.
The CEOs of Technology will have the opportunity to talk about the consequences of the commercial war and other pending challenges during calls with analysts that will be held this week. You will precede your account reports from the first quarter of the year. Publications began yesterday, Tuesday, with a devastating result for Tesla and Elon Musk. His batacaz fire thousands of federal employees in his struggle for reduce public sector size United States.
Alphabet plans to announce its results this Thursday. Next, four of the technology will have their turn: Meta and Microsoft on April 30, and Amazon and Apple on May 1. Nvidia, which operates with a fiscal year ending in January, plans to close its year on May 28 with the publication of its quarterly results.
