From Nasdaq: 2025-04-06 18:20:00

The “Magnificent Seven” tech giants are now leading market declines due to fears surrounding President Trump’s new import tariffs. These companies, including Alphabet, Apple, Amazon, and Tesla, are facing higher costs on imports, which could impact their earnings and stock prices.

President Trump’s recent tariff announcements have caused economic turmoil, with a baseline tariff of 10% on all imports and higher rates on imports from various countries. Growth stocks, like the Magnificent Seven, have been hit hard, with the Nasdaq entering a bear market. This situation has raised concerns about the long-term investment potential of these tech giants.

Despite the challenges posed by the tariffs, the Magnificent Seven companies have a history of overcoming obstacles and could find ways to minimize the impact. Their valuations have also dropped significantly, making them attractive long-term investments. Investors may want to consider buying these tech giants at discounted prices for future growth potential.

Investors are advised to consider the long-term potential of the Magnificent Seven tech giants, as they have strong growth prospects beyond the current challenges posed by the import tariffs. Despite the current market declines, these companies have the potential to rebound and offer solid returns over time.



Read more at Nasdaq: Trump’s “Liberation Day” Tariffs Pummel the “Magnificent Seven.” Are These Stalwarts Still a Prudent Long-Term Investment?