The technology giants of the stock market lost 1.8 trillion dollars in 2 days.

The aggressive tariffs that Donald Trump implemented on Wednesday have caused a sharp wave of selling in the markets, raising concerns about a global trade war and the impending possibility of a recession.

The leading companies in the technology sector — Apple, Tesla, Nvidia, Meta, Amazon, Alphabet, and Microsoft — experienced a total market value loss of $1.8 trillion in just two trading days. Apple was the company that suffered the largest absolute loss, with a decline of $533 billion, while Tesla saw the sharpest proportional decline, losing over 10% of its value on Friday. The Nasdaq index finished the week with its worst weekly performance in the last five years. Nvidia lost $393 billion in two days.

As Meta's market value declined by 200 billion dollars, Amazon entered its longest losing streak since the 2008 financial crisis with a drop of approximately 265 billion dollars. The company's shares lost value for seven consecutive days. Although Alphabet and Microsoft were affected to a lesser extent, they experienced losses of 139 billion and 165 billion dollars, respectively.

In the semiconductor industry, companies that carry out a large part of their production processes outside the US were shaken by a chain reaction. The VanEck Semiconductor ETF closed the week down 15 percent, while shares of Qorvo, a supplier to Marvell Technology and Apple, saw a decline of nearly 20 percent. AMD, Intel, and Broadcom also experienced double-digit losses during the week.

Published: April 5, 2025 17:03