Bloomberg Tech Tariff Fears Weigh on Tech Plans, Trumps Signals TikTok Deal Close
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Apr 4, 2025 Recent tariffs are stirring trouble for tech stocks, especially impacting giants like Apple and Tesla. Analysts are rethinking future earnings as market uncertainties loom large. TikTok is under pressure to finalize its U.S. sale amid dataprivacy anxieties, with fierce competition shaping advertising strategies. Exclusive insights reveal how companies are grappling with these geopolitical headwinds while trying to maintain growth and adapt in a volatile landscape.
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Nasdaq 100 Bear Market
- The Nasdaq 100 entered a bear market, dropping 2 trillion dollars in 2 days due to tariff fears.
- Investors anticipate the Federal Reserve cutting interest rates four times this year in response.
Tesla's Brand Damage
- Tesla's stock dropped 15% after tariff news and missed delivery targets.
- JP Morgan cites "unprecedented brand damage" as a contributing factor, exceeding production or new model issues.
Apple's Market Cap Drop
- Apple's market cap fell below $3 trillion due to ongoing market pressures.
- The impact of supply chain disruptions and tariffs on Apple's stock is being assessed, with potential exclusions less likely.