Tech stocks fall in late trading after Trump announced new tariffs: Amazon drops as much as ~6%, Meta ~5%, Nvidia ~5%, Alphabet ~3%, and Microsoft ~3% (Kif Leswing/CNBC)

https://www.techmeme.com/feed.xml Hits: 11

Summary

About This Page This is a Techmeme archive page. It shows how the site appeared at 6:50 PM ET, April 2, 2025. The most current version of the site as always is available at our home page. To view an earlier snapshot click here and then modify the date indicated.

First seen: 2025-04-02 22:53

Last seen: 2025-04-03 08:55

Read Full Article More from this Source

Tech stocks fall in late trading after Trump announced new tariffs: Amazon drops as much as ~6%, Meta ~5%, Nvidia ~5%, Alphabet ~3%, and Microsoft ~3% (Kif Leswing/CNBC)

Summary

Related News

A look at the sprawling network of group chats that began in 2020 as a place for SV leaders to talk candidly, with Marc Andreessen playing a central role (Ben Smith/Semafor)

Tel Aviv-based Sentra, whose cloud data security software now includes controls aimed at keeping AI prompts free from restricted data, raised a $50M Series B (Ryan Naraine/SecurityWeek)

Sources: Huawei has approached some clients about testing the technical feasibility of the Ascend 910D, its newest AI chip that it hopes will beat Nvidia's H100 (Wall Street Journal)

Architect Partners: crypto firms have struck 88 M&A and SPAC deals worth $8.2B so far in 2025, nearly 3x the $2.75B transaction value across 188 deals in 2024 (Wall Street Journal)

Trump's tariffs could slow robot adoption in the US, as buyer demand weakens and supplies of key components like magnets and actuators are disrupted (Financial Times)