How Are the ‘Magnificent 7’ Companies Faring Amid Trump’s Tariffs?
Apple shares rose in response to Trump’s latest announcement of China tariff exemptions. Ying Tang/NurPhoto via Getty Images
To say it’s been two tumultuous weeks for the group of tech stocks dubbed the “Magnificent Seven” would be an understatement. Shares in Apple, Microsoft (MSFT), Nvidia (NVDA), Alphabet (GOOGL), Amazon (AMZN), Meta (META) and Nvidia have swung wildly in recent days as investors react to President Donald Trump’s volatile tariff announcements.
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See all of our newslettersThe Magnificent Seven fell sharply on April 2 after Trump unveiled his so-called “Liberation Day” tariffs, which enacted a blanket 10 percent levy and higher “reciprocal” tariffs for the U.S.’s largest trading........
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