Tesla kicks off earnings season for Big Tech’s ‘Magnificent 7’ amid huge market cap drops spurred by ‘massive uncertainty and chaos’ from White House

With the launch of the Big Tech in its semester profit season this week, Belweether entered the industry into a boiler of uncertainty and disturbances that you did not expect when Donald Trump re -inserted the White House nearly 100 days ago.

Since president Trump opened on January 20, the major technology shares have been on a vision attached journey that sparked trillion dollars from wealth for shareholders amid an attack by definitions and other harmful measures that are likely to be harmful.

It is the opposite of the polarity when the CEO of Apple Tim Cook, CEO of Tesla El Musk, the CEO of Google Sundar Pichai, the founder of Facebook Mark Zuckerberg and the founder of Amazon Jeff Bezos hoping to gather behind Trump while he is fully.

This offer reflected the unity that the second Trump period in the White House will be a refreshing change from the intense regulation of President Joe Biden administration with profitable opportunities in artificial intelligence and the manufacture of deals.

But the Trump administration policies so far have flooded “Seven” companies at “Seven” – a group consisting of Apple, Microsoft, Nvidia, Amazon, Tesla, Google Parent Alphabet and Facebook Parent Meta. Since Trump’s opening, Seven’s amazing market value has decreased by $ 3.8 trillion, or 22 %, as of April 20.

The financial damage was more severe a few days after Trump was unveiled on April 2 of the mutual definitions that would have a great negative negative on Big Tech supply chains in China and other major markets around the world. A temporary freeze on the majority of punitive definitions and exemption from most fees on the electronics coming from China has provided some relief, but Trump made it clear that the re -promotion may be short -term.

This left Trump’s ongoing trade war, commenting on the great technology, which extends its influence around the world.

“The collective confusion that this continuous news from the White House is amazing for industry and investors and creates uncertainty and the enormous chaos of companies trying to plan the supply chain, inventory and demand.”

In addition to the turbulent disorders, his administration is also in an attempt to prove the regulatory allegations that Mita had an illegal monopoly in social networks, and to persuade a federal judge to break up Google after the search engine was found last year illegally. Trump also did not give any indication that the anti -monopoly claims filed by the Biden administration aimed at describing Apple and Amazon.

NVIDIA absorbed a large setback last week when the Trump administration prevented it from selling one of the famous artificial intelligence chips to China, prompting the company to record a fee of $ 5.5 billion to calculate the stocks of treatments that were intended to export to that country.

Technology executives will get an opportunity to discuss the repercussions from the trade war and other challenges are still in front of them during the collective calls of analysts that will be held as part of their companies for their companies for January to quarter and January.

The rituals will start on Tuesday when Tesla is scheduled to issue its full financial report after it has already revealed that its sales in the first quarter decreased by 13 % of the same time last year.

This decrease occurred against the background of sabotage, widespread protests and calls for a consumer boycott amid a violent reaction to the prominent musk role in the White House, which oversees a cleansing to reduce costs for US government agencies.

After Musk discusses his strategy to reflect the low market value in Tesla since joining Trump at the White House, Google Parent Alphabet Inc. is scheduled to announce. For its results on Thursday. Then four of The Magnificent Seven will get their role next week: Amazon on April 29; Meta and Microsoft on April 30; And Apple on May 1.

NVIDIA, which works in the end of January, is scheduled to end on May 28 with the issuance of its quarterly results.

This story was originally shown on Fortune.com

2025-04-21 10:04:00