From Yahoo Finance: 2025-04-09 12:22:00

President Trump’s new tariff policies have sparked a trade war with China imposing a 34% tax on all US goods in retaliation. Investment firms warn of potential economic disaster for the US tech sector, impacting companies like Intel and Micron, with lower growth and profits expected.

Amid the tariff turmoil, Alphabet Inc. (GOOGL) is set to showcase its AI and cloud strategy at the Google Cloud Next event. Hedge funds are keeping an eye on GOOGL, which ranks 4th in AI stocks in focus. While GOOGL shows promise, some AI stocks may offer higher returns in a shorter time frame.

Analysts express concern over the impact of tariffs on the tech sector, likening it to an “economic Armageddon.” Hedge funds are closely monitoring AI stocks, with GOOGL spotlighting its AI and cloud strategy at an upcoming event. Despite potential, other AI stocks may offer greater returns within a shorter time frame.

Read more: Alphabet (GOOGL) to Spotlight AI and Cloud Strategy at Upcoming Google Cloud Next Event