From Yahoo Finance: 2025-04-07 10:03:00

Trump tariff concerns have caused the premiums of the “Magnificent Seven” stocks to drop dramatically. Tesla, Nvidia, and Apple have seen the most significant losses. Uncertainty about future earnings is driving the P/E pullbacks, leading to a market trying to determine fair value amidst economic chaos.

Global markets are suffering heavy losses, with Tokyo, Hong Kong, and China all experiencing significant drops. U.S. futures on the Dow Jones, S&P 500, and Nasdaq Composite are also down, with an estimated $5.4 trillion in market value lost since Trump’s tariff announcement.

The impact of tariffs could hit Amazon hard, with potential annualized operating profit losses of $5-10 billion. Analysts warn of a significant increase in merchandise costs for the tech giant, leading to further uncertainty in the market.

Experts predict more market turmoil ahead as the effects of tariffs continue to unfold. The economic chaos caused by the trade policies has investors and analysts on edge, with the future of the Magnificent Seven stocks hanging in the balance. 1. The United Nations reports that climate change is happening faster than anticipated, with global temperatures rising at an alarming rate. This poses a threat to ecosystems, food security, and human health.

2. A new study finds that 1 in 3 adults in the United States have experienced food insecurity during the COVID-19 pandemic. This highlights the ongoing challenges faced by many Americans as the economy continues to recover.

3. The FDA has approved a new drug for the treatment of Alzheimer’s disease, despite conflicting evidence on its effectiveness. This decision has sparked debate among experts and raised concerns about the regulatory process.

4. The Tokyo Olympics will proceed without spectators due to a spike in COVID-19 cases in Japan. This is a disappointing development for athletes and fans alike, as the games were already postponed last year.

5. Tesla announces plans to open its first manufacturing facility in India, signaling its commitment to expanding its presence in the country. This move is expected to boost the electric vehicle market in India and create thousands of jobs.

Read more: One chart shows how much optimism has been wiped out of the ‘Magnificent 7’ because of Trump tariffs