From Nasdaq: 2025-04-07 04:12:00

Investors flocked to tech stocks expecting AI to revolutionize the market, driving gains in Nasdaq, Dow, and S&P 500. However, Wedbush analyst warns of Trump’s import taxes causing economic hardship for U.S. tech companies like Nvidia and Palantir Technologies.

Trump’s import taxes pose a challenge for tech giants like Nvidia and Apple, with tariffs ranging from 27% to 54% on goods from key production countries. Analysts predict a setback for the U.S. tech industry, potentially benefiting Chinese tech players in the long run.

Tech stocks have plummeted, pushing Nasdaq into a bear market. Investors must assess risk tolerance when considering tech stocks amid tariff uncertainties. Diversification and a long-term investment horizon are key strategies to navigate the volatile tech market landscape.



Read more at Nasdaq: Dan Ives Calls Import Tariffs “Armageddon.” Should You Really Buy Tech Stocks Now?