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2025-03-31

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Big Tech Stocks Sink as Tariffs Sap Risk Appetite

Big tech stocks sank in premarket trading on Monday as concerns about the economic impact of the trade war intensified before Donald Trump unveils more tariffs this week. Super Micro and Palantir fell

Big Tech Stocks Sink as Tariffs Sap Risk Appetite

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Super Micro and Palantir fell","content":"<html><head></head><body><p>Big tech stocks sank in premarket trading on Monday as concerns about the economic impact of the trade war intensified before Donald Trump unveils more tariffs this week. </p><p>Super Micro and Palantir fell 4%; Tesla, Arm and Nvidia fell 3%; TSMC fell 2%; Amazon and Meta fell 1%.</p><p class=\"t-img-caption\"><img src=\"https://community-static.tradeup.com/news/e24ce4611afc413007b9a8f24fde6b65\" title=\"\" tg-width=\"748\" tg-height=\"515\"/></p><p>Trump said he plans to start his reciprocal tariff push with “all countries,” tamping down speculation that he could limit the initial scope of tariffs set to be unveiled April 2. The president, who has touted his upcoming measures as a ‘Liberation Day,’ escalated his trade war last week by slapping a 25% levy on all cars not made in the US. 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