In this article
Shares of Amazon
, Nvidia
and Tesla
each dropped around 5% on Friday, as tech’s megacaps lost $770 billion in market cap, following President Donald Trump’s threats for increased tariffs on Chinese goods.
Nvidia dropped almost 5%, pacing a steep decline in tech stocks, after President Trump threatened more tariffs on China.
In this article
Shares of Amazon
, Nvidia
and Tesla
each dropped around 5% on Friday, as tech’s megacaps lost $770 billion in market cap, following President Donald Trump’s threats for increased tariffs on Chinese goods.

Nasdaq drops 4.2% as Big Tech giants shed $1.1 trillion in market value. Bitcoin falls below $60K amid AI valuation concerns and…

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U.S. and global tech stocks fell, led by AI giants amid valuation and bubble concerns.